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.
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.
