06 Oct 2025 | 5 Mins Read
Japan stocks surge to new record amid yen's sharp decline
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Japan's Nikkei 225 index rose 4.75% to record 47,944.76. Sanae Takaichi, the new Liberal Democratic Party leader, is poised to become Japan's first female prime minister. Topix rose 3.1%, while the yen weakened by 1.81% to 150 against the US dollar, prompting concerns from Japan's finance minister, Katsunobu Kato, who fears a potential intervention.