Economics

Takaichi Triumphs With Japan’s Biggest Post-War Election Victory

Sanae Takaichi at the Liberal Democratic Party headquarters in Tokyo, Japan, on Feb. 8.Photographer: Toru Hanai/Bloomberg

Japanese Prime Minister Sanae Takaichi secured a historic election triumph, positioning her as the nation’s strongest leader in the postwar era in an outcome that sent stock prices and bond yields soaring.

Her ruling Liberal Democratic Party achieved the biggest post-war victory for a single-party in a general election in Japan, an extraordinary transformation of fortunes for a party that was on the ropes last summer before getting behind the nation’s first ever female premier in October.