Japan’s Nikkei hits record high and yen strengthens after Takaichi’s election win – business live
Rolling coverage of the latest economic and financial newsSanae Takaichi’s conservatives cement power in landslide Japan election winSanae Takaichi has achieved Japan’s best-ever post-war election result, point out analysts at Unicredit:The Japanese parliamentary election, held yesterday, saw an overwhelming victory for the Liberal Democratic Party. The party, led by Prime Minister Sanae Takaichi, won two thirds of the seats in the lower house, the best result for a single party since the end of the Second World War.Japanese stocks performed well as Takaichi intends to pursue supportive fiscal policy. Japanese government bond yields edged slightly higher, while the yen gained ground after Japanese Finance Minister Satsuki Katayama reiterated her willingness to preserve the stability of the currency. Continue reading...
Rolling coverage of the latest economic and financial news
Sanae Takaichi has achieved Japan’s best-ever post-war election result, point out analysts at Unicredit:
The Japanese parliamentary election, held yesterday, saw an overwhelming victory for the Liberal Democratic Party. The party, led by Prime Minister Sanae Takaichi, won two thirds of the seats in the lower house, the best result for a single party since the end of the Second World War.
Japanese stocks performed well as Takaichi intends to pursue supportive fiscal policy. Japanese government bond yields edged slightly higher, while the yen gained ground after Japanese Finance Minister Satsuki Katayama reiterated her willingness to preserve the stability of the currency. Continue reading...
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