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- Japan's Prime Minister Fumio Kishida announced he will not stand down.
- His decision follows a financial scandal involving lawmakers from his Liberal Democratic Party.
- The LDP has ruled Japan almost continuously since 1955.
Japan's prime minister said on Wednesday he would quit, caving to domestic political pressure.
Fumio Kishida announced his departure in a press conference, saying he would not stand in an upcoming election for the leadership of his Liberal Democratic Party.
The decision means the contest will pick a successor who will succeed him as prime minister, without a general election.
Kishida stepped down under pressure from a string of scandals.