Economic news

Review: Japan's shares climb on Abe election win

Japan's shares leaped on a weaker yen on Monday as Prime Minister Shinzo Abe election win gave him a green light for more policy stimulus.

The Nikkei 225 Stock Average soared 1 percent to its top since 1996.

MSCI’s broadest index of Asia-Pacific shares outside Japan was firm, while Singapore’s main index scaled its peak in over two years.

South Korea’s Kospi index was virtually flat.

Hong Kong’s Hang Seng dropped 0.7 percent. Australia’s S&P/ASX 200 slid 0.2 percent.

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