Japan's Nikkei stock index jumps 4.5% after ruling party chooses an ultra-conservative as its leader

Japan’s Nikkei stock index jumped more than 4% on Monday after its ruling party chose an ultra-conservative as its leader and likely first woman prime minister. Other Asian markets also were mostly higher. The Liberal Democrats elected Sanae Takaichi, an ally of the late Prime Minister Shinzo Abe, as their leader, likely ensuring she will carry on ...