Prime minister’s Liberal Democratic party to be pressed on promised tax cuts and fiscal stimulus plans
Business live – latest updates
Japan’s stock market has hit a record high after Sanae Takaichi’s Liberal Democratic party (LDP) secured a comprehensive victory in Sunday’s election.
The LDP won 316 of the 465 seats in the country’s lower house – the first time a single party has secured two-thirds of the lower house since the establishment of Japan’s parliament in 1947.
The Japan Innovation party, the LDP’s coalition partner, won 36 further seats, giving a supermajority of 352 seats.
