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Japan set for new coalition and first woman PM
Japan's ruling Liberal Democratic Party (LDP) will sign a coalition deal later on Monday (Oct 20), its new partner party said, paving the way for Sanae Takaichi to become the country's first woman prime minister and lifting the Nikkei to a new record. The 11th-hour announcement by the Japan Innovation Party (JIP) came just a day before the lower house was due to vote on Takaichi's appointment as the fifth prime minister in as many years."After giving it careful thought last night, I telephoned (LDP) president Takaichi this morning to reach a coalition agreement," said Hirofumi Yoshimura, JIP co-head. "At 6pm, ... (full story)