Hong Kong city aerial view at night with traffic patterns

Markets Enter the Weekend with Record Highs Across Asia as Japan’s Election Outcome Appears Settled

Asian equity benchmarks closed Friday’s session at or near record levels across the board, with investors positioning for what polling data suggests will be a decisive LDP victory in Sunday’s Japanese general election. The Nikkei 225 crossed 54,000 for the first time this month and the TOPIX scaled a fresh peak, while the KOSPI consolidated…

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japan office buildings with sky in back

Japan’s Budget Process Will Be the First Regulatory Test of the Takaichi Supermajority

Sunday’s election will determine not only the composition of Japan’s lower house but also the regulatory framework through which Prime Minister Takaichi’s fiscal agenda is implemented. The record budget proposed for fiscal year 2026, which includes expanded defense spending, infrastructure investment, and the proposed food consumption tax suspension, was introduced to parliament before the dissolution…

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