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

Japan’s benchmark Nikkei 225 index surged more than 4% on Monday, hitting record highs after the ruling Liberal Democratic Party (LDP) elected Sanae Takaichi, an ultra-conservative and close ally of late Prime Minister Shinzo Abe, as its new leader, paving the way for her to become Japan’s first female prime minister.The Nikkei jumped 3.9% to…

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India, EU trade talks commence today

NEW DELHI: Senior officials of India and the 27-nation European Union (EU) will commence the next round of talks for a proposed free trade agreement today in Brussels to iron out differences on issues for early conclusion of the negotiations, an official said.This will be the 14th round of negotiations between the two sides. Commerce…

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FPIs sell equities worth 23,885 crore in September

NEW DELHI: Foreign portfolio investors (FPIs) remained net sellers of Indian equities in September, withdrawing Rs 23,885 crore and taking year-to-date outflow to Rs 1.58 lakh crore. This marks the third consecutive month of withdrawals, following heavy outflows of Rs 34,990 crore in August and Rs 17,700 crore in July, data obtained from depositories showed….

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