#japan-election
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fromwww.theguardian.com
7 hours agoJapanese shares hit record high as Sanae Takaichi wins landslide election victory
Japan's stock market has hit a record high after Sanae Takaichi's Liberal Democratic party (LDP) secured a comprehensive victory in Sunday's election. The LDP won 316 of the 465 seats in the country's lower house the first time a single party has secured two-thirds of the lower house since the establishment of Japan's parliament in 1947. The Japan Innovation party, the LDP's coalition partner, won 36 further seats, giving a supermajority of 352 seats.
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fromwww.theguardian.com
8 hours agoJapan's Nikkei hits record high and yen strengthens after Takaichi's election win business live
Sanae Takaichi's landslide victory enabled plans for large fiscal stimulus and sales-tax suspension, strengthening the yen and pushing the Nikkei to record highs.
fromFortune
12 hours agoDow futures rise after index tops 50,000 for first time while landslide election in Japan sends U.S. bond yields higher | Fortune
The yield on the 10-year Treasury rose 1.8 basis points to 4.224% as Japanese yields climbed by 4 basis points to 2.274%. The U.S. dollar was down 0.24% against the yen after initially gaining. Gold rose 1.46% to $5,052 per ounce, and silver climbed 3% to $70.16, also rebounding a bit from massive dives earlier. U.S. oil futures fell 0.88% to at $62.99 a barrel, and Brent crude lost 0.91% to $67.43.
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