FLASH
Shkruar nga Pamfleti
Japanese stocks rose to a record high when markets opened on Monday morning as Prime Minister Sanae Takaichi's Liberal Democratic Party (LDP) scored a historic election victory.
The LDP secured 316 of 465 seats in Sunday's election, the first time a single party has won a two-thirds majority in the Lower House since Japan's parliament was established in its current form in 1947.
The Innovation Party of Japan, the LDP's coalition partner, won in 36 more constituencies, bringing their overall total to 352 seats.
The Nikkei index rose more than 5% in early trading on Monday, crossing the 57,000 mark for the first time.
The LDP's decisive victory will help Takaichi advance its pro-business policies without having to negotiate extensively with opposition parties.
Takaichi told reporters on Sunday that he would pursue a "responsible but aggressive" fiscal policy and would not reshuffle the cabinet, which was formed less than 4 months ago.
Japan's first female prime minister called the snap election last month, just after taking office in October. Her success stands in stark contrast to her two predecessors, under whom the party lost its parliamentary majority due to corruption scandals and rising costs.
Market commentators say Takaichi's policies could boost the Japanese economy.
The election result and future moves such as "stimulus, tax changes and deregulation" will be "additional fuel for an existing upward trend," investment analyst Yuka Marosek told the BBC.
Historically low inflation has made it very sensitive to rising cost of living in recent years.
The economy is also under pressure from the country's aging population, which has seen a shrinking workforce and high social care costs.
Takaichi has pledged to cut taxes and boost the Japanese economy through more spending - although where this money will come from is another major concern, given Japan's high government debt.
Critics warn that this could deepen instability in Japan's already fragile economy.
"We bear an extremely great responsibility to focus on consistently fulfilling the campaign promises we made," Takaichi said on Sunday, as her party's victory became clear, Kyodo reported.
The LDP had lost its parliamentary majority under Takaichi's predecessor, Shigeru Ishiba. And Takaichi relied on her personal calling to reverse the LDP's losing fortunes.
She has consolidated support among the LDP's conservative base by reviving long-neglected goals, such as revising Japan's pacifist constitution and emphasizing traditional values.
US President Donald Trump congratulated Takaichi on her victory, writing on Truth Social that it was an "honor" to endorse her ahead of the election.
"The wonderful people of Japan, who voted with such enthusiasm, will always have my strong support," Trump said. /Adapted from BBC/
Lini një Përgjigje