Tokyo Stocks Soar on Takaichi Victory

TOKYO, Oct 06 (News On Japan) - The Nikkei Stock Average surged by more than 1,900 yen at one point on the Tokyo market on October 7th, setting a new intraday record high. It was the first time in history the index has climbed into the 47,000 range, surpassing the symbolic 46,000 mark.

The rally was driven by investor optimism following the ruling Liberal Democratic Party leadership election two days earlier, in which Takaichi secured victory. Market participants expect her to pursue aggressive fiscal measures that could support Japan’s economic growth, prompting broad-based buying across sectors.

The yen also weakened by about two yen from the end of last week, trading around the upper 149-yen level against the dollar, further boosting export-related shares.

If the Nikkei closes above 45,769 yen, it would mark a second consecutive trading day of record closing highs.

Source: TBS

Typhoon No. 22 Forecast to Strengthen and Approach Mainland Japan

As of 9 a.m. on October 6th, Typhoon No. 22 (Halong) was located over the ocean south of Japan, moving slowly northward with a central pressure of 994 hectopascals and maximum sustained winds near its center of 23 meters per second. The system is projected to develop into a strong typhoon by October 8th and may reach a “very strong” category when approaching the Tokai region around October 9th. However, the storm’s path remains uncertain, and weather authorities are urging the public to stay alert for new updates.

Driver In Training Behind Tokyu Line Collision That Caused Train Derailment

A collision occurred on the Tokyu Den-en-toshi Line on the night of October 5th when a local train attempting to arrive at Kajigaya Station in Kawasaki City struck a stationary out-of-service train, causing several cars of the latter to derail. Investigators from the Japan Transport Safety Board arrived at the scene on the morning of October 6th to begin examining the cause of the accident.

Spanish Tourist Injured in Bear Attack at World Heritage Shirakawa-go

A Spanish tourist was attacked by a bear while visiting Shirakawa-go, the UNESCO World Heritage village in Gifu Prefecture known for its traditional thatched-roof houses, on October 5th. The incident adds to a growing number of bear encounters reported across Japan in recent weeks.

Takaichi Wins Leadership Race, Declares All Must Work Like Horses

Sanae Takaichi, elected as the Liberal Democratic Party’s new president on October 4th, declared on stage, “I ask everybody to work like a horse,” after defeating agriculture minister Shinjiro Koizumi in a runoff to become the party’s first female leader.

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Tokyo Stocks Soar on Takaichi Victory

The Nikkei Stock Average surged by more than 1,900 yen at one point on the Tokyo market on October 7th, setting a new intraday record high. It was the first time in history the index has climbed into the 47,000 range, surpassing the symbolic 46,000 mark.

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