Japan’s Osaka-Based Shares Rise on Speculation of New LDP Ties

Japan's ruling Liberal Democratic Party (LDP) leader Sanae Takaichi met with the heads of an Osaka-based opposition party, sparking speculation of a potential coalition. This meeting has led to a rise in the shares of companies with ties to Osaka, the Kansai region of Japan. The speculation is that such a coalition between the LDP and the Osaka-based opposition party could benefit the Kansai region, which includes the city of Osaka. Investors are betting that this potential alliance could lead to increased investment and development in the area. The news article suggests that the meeting between Takaichi and the opposition party leaders has fueled optimism among investors, leading to a surge in the shares of companies with a strong presence in the Kansai region. However, the article does not provide any further details on the specific nature of the discussions or the potential implications of a coalition.