Japanese Politics
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Takaichi Win Propels Nikkei 225 to Record Peaks
Japan’s Prime Minister Takaichi’s party achieved a supermajority, boosting investor confidence reflected in soaring stocks and a strengthening yen. U.S. markets saw a tech-driven rally, with the Dow Jones surpassing 50,000. European markets showed resilience, exemplified by UniCredit’s record profits. However, the UK faces political scrutiny. Major tech valuations collectively dropped over $1 trillion, while unsealed Epstein documents revealed tech figure connections. Hong Kong media tycoon Jimmy Lai received a 20-year sentence. The private credit market faces AI-driven uncertainties.
