TOKYO, Feb 9 (Reuters) - Japan's Nikkei share average surged to a record high on Monday, surpassing the 56,000 level for the first time in early trading after Prime Minister Sanae Takaichi's landslide victory in Sunday's general election.
The Nikkei 225 Index rose 3.4% to 56,083.14, while the broader Topix climbed 2.5% to 3,792.05.
The largest percentage gainers in the index were Aozora Bank, up 2.7%, followed by Tokyo Gas... (continue reading...)
Feb 8 (Reuters) - U.S. President Donald Trump's administration on Sunday appealed a decision requiring the Transportation Department to unfreeze federal funding for the $16 billion Hudson Tunnel Project in New York, according to a court filing.
(Reporting by David Shepardson and Costas Pitas; Editing by Jamie Freed)
LONDON, Feb 9 (Reuters) - Starting salaries for permanent staff in Britain showed their biggest rise in nearly a year and a half in January, according to a survey on Monday that also showed the downturn in the number of new permanent staff recruiters hired eased.
The monthly Report on Jobs from accountants KPMG and the Recruitment and Employment Confederation, a trade body, showed wage growth in pay for people newly hired to permanent roles was its... (continue reading...)
By Gregor Stuart Hunter
SINGAPORE, Feb 9 (Reuters) - The yen extended a string of recent losses in early Asian trading on Monday after Japanese Prime Minister Sanae Takaichi swept to victory in Sunday's election, easing the path to further fiscal stimulus.
The yen slid as much as 0.3% to 157.72 yen against the dollar, its seventh consecutive day of decline, to reach its weakest level in two weeks.
Takaichi is projected to... (continue reading...)
TOKYO, Feb 9 (Reuters) - Japanese Prime Minister Sanae Takaichi's coalition swept to a historic election win on Sunday, handing her a mandate to follow through on a pledge to cut taxes and reflate the economy through spending.
COMMENTARY:
BRUCE KIRK, CHIEF JAPAN EQUITY STRATEGIST, GOLDMAN SACHS, TOKYO:
"PM Takaichi's victory should enhance her political capital within the LDP. Moreover, it should also provide her with a... (continue reading...)
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