Foreigners extend Japanese stock buying on chances of Takaichi becoming next PM ...Middle East

Japanese stocks drew massive cross-border investments last week, driven by expectations Liberal Democratic Party (LDP) leader and fiscal dove Sanae Takaichi would become the country's next prime minister, stoking bets on a revival in big spending. Foreigners pumped a net 1.89 trillion yen ($12.59 billion) into Japanese stocks in the week to October 11, after a record 2.48 trillion yen net purchase the prior week, data from Japan's Ministry of Finance showed on Friday.

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