Sanae Takaichi: Japan stocks hit record after ruling party names pro-business leader
Source: BBC
Japanese stocks have hit a record high after the country's ruling Liberal Democratic Party (LDP) named Sanae Takaichi as its new leader, positioning the pro-business politician to be Japan's next prime minister.The benchmark Nikkei 225 index jumped by more than 4% on Monday morning in Tokyo as it rose above 47,000 for the first time.Takaichi is known for her support of higher public spending and lower borrowing…
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