The Tokyo Stock Exchange rose by 4% after the election of Sanae Takaichi as the head of the LDP, while the yen depreciated significantly.

Sanae Takaichi's election as leader of the Liberal Democratic Party has led to a 4% increase in the Nikkei index on the Tokyo Stock Exchange. Takaichi, a favorite to become Japan's first female prime minister, promises monetary easing and budget spending to support the economy. However, the yen has significantly depreciated, and analysts warn that her measures could weaken the national currency and delay interest rate hikes. Takaichi will face major structural challenges, including an aging population.