Markets cheer Japan conservatives’ return to power

Shinzo Abe, the hawkish head of the Liberal Democratic Party, vowed to put Japan’s moribund economy back on track after years of deflation. Photo: Xinhua

Investors on Monday cheered after Japan’s conservatives swept back to power in national elections, with promises of a fix for the economy and tougher diplomacy in a territorial spat with China.

Thursday, 29 August, 2013, 4:13am

Japan votes in poll likely to eject ruling party

Voters fill out ballots at a polling station at a polling station in Tokyo on Sunday. Photo: Bloomberg

Voters in Japan went to the polls on Sunday in an election likely to return conservatives to power at a time of growing tension with China and as the nation seeks to arrest economic decline.

16 Dec 2012 - 4:45pm

Japanese voters set to restore LDP to power

At the outset of campaigning many thought a political "third force" could swing the election, but polls suggest the Liberal Democratic Party will dominate, with the incumbent DPJ the second-biggest force in the Diet. Photo: EPA

It appears a foregone conclusion that the Liberal Democratic Party will sweep back into power with ease in today's general election.

16 Dec 2012 - 4:42am