What to expect for Japan’s economy under Sanae Takaichi, the first female prime minister

What to expect for Japan’s economy under Sanae Takaichi, the first female prime minister

Shares in Tokyo recently rose on expectations that conservative Japanese lawmaker Sanae Takaichi, elected as Japan’s first prime minister on Tuesday, will double down on pro-market policies, including big defense spending and cheap credit. The benchmark Nikkei 225 index climbed close to the symbolic 50,000 level, rising 0.7% to 49,517.57. Takaichi, a motorcycle and heavy … Read more

Japan’s next finance minister may be worried about the yen

Japan’s next finance minister may be worried about the yen

Leika Kihara and Makiko Yamazaki The potential appointment of Satsuki Katayama as Japan’s next finance minister could prompt markets to rethink whether the yen will be too low, but could also help the country’s new leader find new ways to fund bold economic stimulus plans. Japan’s other likely prime minister, Sanae Takaichi, has finalized a … Read more