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Story summary
- Asian shares rose on January 12, 2026, led by Japan's Nikkei at a record high of 53,814.79.
- The rally followed Wall Street's record performance and optimism about fiscal stimulus as Prime Minister Sanae Takaichi plans an early election.
- The yen fell to historic lows against the euro and Swiss franc.
- U.S. President Donald Trump warned of tariffs on Iran-trading countries, contributing to rising oil prices.
