The Latest Breaking News from LDP

Japan's biggest opposition party will seek to support a unified candidate with other groups in a bid to block Sanae Takaichi's election as prime minister, media reported after the ruling coalition collapsed.

The dollar index (DXY00 ) on Friday fell by -0.58%. The dollar was under pressure Friday as T-note yields retreated on dovish comments from Fed Governor Christopher Waller and St. Louis Fed President Alberto Musalem, who expressed their support for additional Fed interest rate cuts. Losses in the dollar accelerated...

Takaichi's parliamentary career has covered a range of policy portfolios. She has served as Minister of State for Economic Security, and previously has been involved in internal affairs and communications.

 Japan’s Nikkei 225 index soared to an all-time high on Monday, following the election of Sanae Takaichi as the new leader of the ruling Liberal Democratic Party (LDP).

Japanese stocks jumped after Sanae Takaichi's election as LDP leader, sending the Nikkei to fresh highs and weakening the yen. Investors are betting on expanded fiscal stimulus and looser monetary policy under her era.

Under the slogan “#ChangeLDP”, Japan’s long-ruling Liberal Democratic Party (LDP) has elected Sanae Takaichi as its new leader. Pending a vote in the Diet’s lower house later this month, she is poised to become Japan’s next prime minister — and the first woman ever to hold the post.

Sanae Takaichi favors looser fiscal and monetary policies, raising expectations that Tokyo will issue more debt while the central bank rethinks rate hikes.

Takaichi replaces Prime Minister Shigeru Ishiba as the party hopes to regain public support and stay in power after major election losses.

In a country that ranks poorly internationally for gender equality, the new president of Japan’s long-governing Liberal Democrats is one of the most conservative members of the male-dominated party seen as an obstacle to women’s advancement