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Japan's new Prime Minister Sanae Takaichi faces significant foreign policy challenges just days after taking office
Japan's new Prime Minister Sanae Takaichi delivered her first policy speech to the parliament Friday, focusing on economic security and defense spending.
Sanae Takaichi was confirmed as leader days ahead of a possible visit to Japan by President Trump, with whom she shares conservative views and a hawkish stance on China.
Japanese stocks have room to run after the “Takaichi trade” helped drive them to a record peak, according to UBS Global Wealth Management. “Japanese equities rallied to an all-time record high on Tuesday,
Police arrested a man who pointed a knife at them in front of the U.S. embassy in Tokyo on Friday, local media reported, as Japan ramped up security ahead of U.S. President Donald Trump's visit in three days' time.
Japan’s benchmark Nikkei 225 jumped 2.9%, to 48,970.40, setting a new record, after its governing Liberal Democrats found a new coalition partner, securing support for its leader Sanae Takaichi to become the country’s first female prime minister.