Japan's Nikkei stock index jumped nearly 5% following the election of ultra-conservative Sanae Takaichi as leader, potentially the first woman prime minister. The yen weakened as investors reacted positively to her market-friendly policies.
Japan's bond market braces for volatility as Prime Minister Shigeru Ishiba resigns, sparking concerns over fiscal policy and potential shifts back to Abenomics. Analysts predict rising JGB yields and fluctuating stock prices.
Tokyo stocks experienced a dramatic drop on the last day of Japan's fiscal year, with the Nikkei index plunging 4% to a seven-month low, fueled by fears over U.S. tariffs impacting the economy.
