Asian stocks: Japan's Nikkei hits record high after Takaichi's election win; yen weakens, markets mixed

Oct 6, 2025 - 09:30
Asian stocks: Japan's Nikkei hits record high after Takaichi's election win; yen weakens, markets mixed

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Japan's Nikkei 225 surged over 4% to record highs after Sanae Takaichi's election as LDP leader, with investors optimistic about her pro-market policies. The yen weakened amid expectations of higher public spending. Analysts noted Takaichi's election, strong corporate sentiment, and a global oil rebound boosted confidence, though short-term corrections are possible.

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