Japan’s Sanae Takaichi and her ruling Liberal Democratic Party won overwhelming support from voters in Sunday’s election, Sweeping the vast majority – meaning the Liberal Democrats have two-thirds or more of the seats in the lower house – and welcome her back as the country’s prime minister.

The outcome gives Koichi broad latitude to pursue her agenda, which includes increasing defense spending and suspending some food-related taxes. Japanese stocks climbed to record highs on Monday, while JPY It rose to $156.88 against the U.S. dollar, reflecting renewed investor confidence following the election results.

In Thailand, caretaker Prime Minister Anutin Charnvirakul’s Bhumjaithai party declared victory Strong performance in national elections. Analysts attribute some of the support to rising nationalism and Anutin’s support tough stance Targeting Cambodia in recent border clashes.

U.S. markets set to open higher on Monday, with futures pegged to major currencies Index edged higher Stateside Sunday night.

The optimism comes after a sharp rebound on Friday, when tech stocks such as NVIDIA, Broadcomand Oracle Lead the charge.

“We’re in the midst of an AI gold rush right now,” said Gabriel Shahin, founder of Falcon Wealth Planning. “There will be money being deployed…it’s just the merry-go-round (of money flows) that sometimes scares people.”

The rebound pushed major benchmarks higher. this Dow Jones Industrial Average It rose 2.47% and closed above 50,000 points for the first time. this S&P 500 Index rose 1.97% – putting it back in the green for 2026 after dipping into negative territory after Thursday’s close – while Nasdaq Composite Index up 2.18%.

Bitcoin also moved higher along with sentiment. As of 8 a.m. Singapore (7 a.m. ET), it was trading at $70,312.88. Notably, the price of the cryptocurrency increased by more than 11% within a daysuggesting investors have not yet lost confidence in the asset and are buying dips, easing fears of a new “crypto winter.”

Big tech companies lose more than $1 trillion in valuations Overall over the past week, according to FactSet data. The downtrend is coming Amazon, Microsoft, NVIDIA, Yuan, Google and Oracle. Amazon alone has lost more than $300 billion in market value.

US, India release framework for trade deal. However, a joint statement issued on Friday suggested that India is resisting the US push Open agricultural products market to import. In addition, Trump canceled the 25% tariff imposed on India’s purchase of Russian oil.

China’s Luckin Coffee opens its first high-end store Sunday in Shenzhen. In a departure from its original strategy of operating low-price coffee kiosks, the move aim directly exist Starbucks. The company’s CEO hinted last year Plans to relaunch in the United States

The Dow closed above 50,000 for the first time. major U.S. indexes jumped on friday As tech stocks rebound. Pan-European Stoke 600 up 0.89%. Milan listed stocks star Shares plunged 24% after the company said it would take action Losses reached $26 billion Reset from business.

(PRO) Tech giants sold off in China last week. However, the reasons behind this move different from the united statesanalysts said.

Elon Musk wants to be a trillionaire — how SpaceX can help him get there

Elon Musk’s The journey to becoming the world’s first trillionaire may be powered by rockets rather than cars, as SpaceX currently accounts for nearly two-thirds of the fortune. Tesla CEO wealth.

After SpaceX, the tech titan’s wealth soars like never before obtained His artificial intelligence company, xAI, was valued at $1.25 trillion in a deal this week that valued the combined entity. Musk is estimated to own about 43% of the combined company, and his stake would be worth more than $530 billion, marking a rapid transformation of his wealth.

—Robert Frank and Lola Kolodny