Yen drops after Takaichi elected as Japan PM, dollar firms

NEW YORK (Reuters) -The yen eased to a one-week low on Tuesday after hardline conservative Sanae Takaichi was elected as Japan's prime minister, with traders betting her government could muddy the interest rate outlook and bring about a greater fiscal largesse. Takaichi, the first female PM and leader of Japan's ruling Liberal Democratic Party, won the lower house vote on Tuesday to choose the next prime minister.