Asian stocks: Japan’s Nikkei hits record high after Takaichi’s election win; yen weakens, markets mixed

Japan’s Nikkei 225 surged over 4% to record highs after Sanae Takaichi’s election as LDP leader, with investors optimistic about her pro-market policies. The yen weakened amid expectations of higher public spending. Analysts noted Takaichi’s election, strong corporate sentiment, and a global oil rebound boosted confidence, though short-term corrections are possible.