Reported about 15 hours ago
Sanae Takaichi has recently been elected as Japan's first female prime minister, sparking optimism in the stock market due to her anticipated pro-business policies. As inflation rises and wages stagnate, Takaichi aims to address these challenges while promoting child-care incentives amid Japan's shrinking and aging population. She is expected to adopt strategies reminiscent of her predecessor, Shinzo Abe, particularly around defense spending and maintaining economic relations with the U.S. However, her administration will face significant hurdles from entrenched political interests and the need for consensus across a fragmented parliament.
Source: YAHOO