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Financial markets applaud Japan PM's landslide election victory

Nikkei gains 4% as Abe gives instructions to start work on fiscal stimulus package worth 2% of Japan's GDP

Mr Abe (centre) has also promised that the government would speed up construction of bullet trains and push forward by up to eight years the completion of a Maglev train network as part of a stimulus package to support the economy.


IN GENERALLY positive market reaction on Monday to the landslide upper house election victory won the previous day by Japanese Prime Minister Shinzo Abe's ruling coalition, Tokyo stock prices leapt by 4 per cent in value while the yen eased back from its recent economy-damaging...

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