Japan’s Takaichi wins big in snap election
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Japan’s prime minister won a huge election victory, sending geopolitical tremors rippling across Asia, and the world.
The Takaichi trade is fueled by expectations that her policies will boost equities, while weakening the yen as she prefers looser monetary policy.
The leader has a chance to push through policies on economy and defense—and might open the door to revising Japan’s constitution, a conservative goal for decades
Some Japanese officials are hopeful China will seek a diplomatic off-ramp because Beijing knows Takaichi will likely be around for a while.
The ruling Liberal Democratic Party captured a two-thirds supermajority in the 465-seat lower house, public broadcaster NHK reported.
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.
By John Geddie and Costas Pitas TOKYO, Feb 6 (Reuters) - U.S. President Donald Trump gave his "total endorsement" of Prime Minister Sanae Takaichi ahead of a national election in Japan on Sunday, adding he looked forward to hosting her at the White House next month.