Summary: Japan’s Nikkei 225 index surged over 4% to a record high after Sanae Takaichi, a right-leaning candidate, was elected as the new leader of the Liberal Democratic Party. This positions her to become Japan’s first female prime minister. The yen weakened to 149.97 per dollar, while bond yields rose.

Link: https://www.cnbc.com/2025/10/06/asia-pacific-markets-monday-nikkei-225-topix-kospi-nifty-50-japan-ldp-sanae-takaichi.html