Tokyo bourse rebounds from initial anxiety over Trump victory

Tokyo

TOKYO financial markets regained their equilibrium on Thursday in the wake of the surprise victory by US president-elect Donald Trump. Investors focused on the possible upside of a Trump presidency in everything from the chance of big US business contracts for Japanese companies to the prospect of a weaker yen as capital flows back to the US.

At the same time, the announcement that Japanese Prime Minister Shinzo Abe will meet Mr Trump in New York next week to ensure continuing strong economic and security ties between their two nations helped to restore calm to equity and currency markets in Tokyo.