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The Independent UK
The Independent UK
Namita Singh

Japanese stocks soar as PM Takaichi wins election by biggest margin in country’s modern history

Japan’s ruling coalition has won the country’s general election by an historic margin, giving prime minister Sanae Takaichi a two-thirds supermajority and the mandate to pass major legislation while overriding the upper chamber of parliament.

Ms Takaichi’s Liberal Democratic Party (LDP) alone captured 316 of the 465 seats in the lower house of the Diet, Japan’s parliament, making it the party’s strongest performance since its founding in 1955.

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