Reported about 18 hours ago
Asian markets experienced a significant surge on Monday, driven largely by a record jump in Japan's Nikkei 225 index, which rose 2.9% after the ruling Liberal Democrats secured a coalition that could lead to Japan's first female prime minister, Sanae Takaichi. Takaichi is anticipated to advocate for market-friendly policies. In China, economic growth reports showed a 4.8% annual pace despite ongoing challenges in the property sector. Other regional indexes, including Hong Kong's Hang Seng and South Korea's Kospi, also saw gains, fueled by optimism over trade relations and semiconductor demand.
Source: YAHOO