World · 9 February 2026
Nikkei soars 3.9 percent to record 56,363 after Takaichi landslide win
Photo by Juan Montano on Unsplash
Japanese Prime Minister Sanae Takaichi secured a landslide victory in Sunday’s snap election, granting her coalition a two-thirds supermajority. Markets reacted explosively as the Nikkei 225 surged 3.9 percent to a record close of 56,363 points. The yen strengthened against the dollar, ending a six-day losing streak, as investors welcomed political stability and Takaichi’s pledge for a 21 trillion yen stimulus package. The victory cements her mandate to suspend the 8 percent food sales tax.
Reported by Guardian · How we write briefs