Tokyo’s Nikkei 225 index, which tracks the performance of Japan’s biggest companies, hit a new record high on Monday after Prime Minister Sanae Takaichi’s ruling Liberal Democratic Party secured a two-thirds majority in the lower house over the weekend. Takaichi has led an ambitious big-spending agenda, which has been welcomed by investors, although concerns about the country’s debt – around 230% of GDP – are likely to remain.



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