Back to today’s briefing

Story perspectives

Japan's First Female PM Spurs Record Shares, Yen Drops

10/7/2025

36 3

Summary

Story summary

Japanese shares hit record highs after Sanae Takaichi won the LDP leadership election, becoming Japan's first female prime minister.
The yen fell 1.6% against the U.S. dollar, its largest drop in five months, amid expectations of expansionary fiscal policy.
Takaichi's win curbs Bank of Japan easing, reducing chances of a rate hike this month, while exporters and tourism-related companies benefit.

1 of 1

Story summary

Japanese shares hit record highs after Sanae Takaichi won the LDP leadership election, becoming Japan's first female prime minister.
The yen fell 1.6% against the U.S. dollar, its largest drop in five months, amid expectations of expansionary fiscal policy.
Takaichi's win curbs Bank of Japan easing, reducing chances of a rate hike this month, while exporters and tourism-related companies benefit.