Reported about 9 hours ago
Asian markets rallied on Monday, buoyed by Japan's Nikkei 225 index, which surged by 2.9% to set a new record following the ruling party's formation of a new coalition, paving the way for Sanae Takaichi to potentially become Japan's first female prime minister. This optimism came after a strong performance on Wall Street, despite ongoing concerns regarding bank lending and the U.S.-China trade war. Other Asian markets, including Hong Kong and South Korea, also experienced significant gains.
Source: YAHOO