Japan's Takaichi to pursue conservative agenda
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The comprehensive electoral victory of Prime Minister Sanae Takaichi over the weekend secured the Liberal Democratic Party a two-thirds majority in the Japanese Diet, a broad and inarguable mandate for her proposed nationalist revival.
By Stefano Rebaudo and Ankur Banerjee Feb 10 (Reuters) - The U.S. dollar extended Monday’s decline against the yen after Prime Minister Sanae Takaichi’s election victory, while remaining little changed against European currencies before key economic data due on Wednesday.
Japanese Prime Minister Takaichi looks to translate her election gains into a new conservative shift
Japanese Prime Minister Sanae Takaichi’s governing party has secured a two-thirds supermajority in a parliamentary election.
Takaichi led the ruling Liberal Democratic Party to a supermajority in the Lower House, securing 316 seats in Japan's largest election win since World War Two.
A stunning victory for Japan’s ruling Liberal Democrats, which gives Prime Minister Sanae Takaichi the strongest parliamentary majority since World War II, has allayed some investor concerns over borrowing and spending that could have unsettled U.S. Treasury bond markets.
TOKYO, Feb 8 (Reuters) - Japanese voters were casting ballots on Sunday in an election expected to hand Prime Minister Sanae Takaichi a resounding win, although record snowfall in parts of the country could keep many voters at home.
The Takaichi trade is fueled by expectations that her policies will boost equities, while weakening the yen as she prefers looser monetary policy.