☕️ Good morning, friends,

today is a double holiday in China: we’re still in the middle of National Day week, and on top of that, it’s also the Mid-Autumn Festival 🥮

With our morning coffee, we’re treating ourselves to a Mooncake Wellington made with the finest Kobe beef. Just looking at it is enough to make your mouth water…

P.S. Job of the week: Mastercard is hiring a Business Development Manager, Digital Partnerships in Shanghai. More details below in the job board.

Highlights

🇯🇵 Nikkei on record run after Takaichi victory

The Nikkei jumps on new record high. The rally was driven by the victory of Sanae Takaichi, the new LDP chairwoman, who is seen as a supporter of loose fiscal and monetary policy and aims to stimulate economic growth.

The yen fell more than 1% to 149.2 per U.S. dollar, while Nikkei futures rose sharply. Analysts expect the new government to push the Bank of Japan toward a continued expansionary stance, accompanied by higher public spending and a steeper yield curve.

TOP BIT

🇯🇵 Sanae Takaichi makes history

Japan has its first-ever female prime minister. Sanae Takaichi, 64, takes office after winning the leadership of the Liberal Democratic Party. She aims to boost Japan’s economy, strengthen its military, and steer the country politically to the right.

The Details

📈 From zero to Nikkei: Markets cheered Takaichi’s victory. The Nikkei hit a …