[MARKET UPDATE] Asia-Pac stocks begin higher following last Friday's rally on Wall St where the DJIA topped the 50k level, while Nikkei 225 also hits a fresh record high after PM Takaichi's landslide election victory and ruling coalition's super majority

Asia-Pacific stocks have opened higher, buoyed by last Friday's rally on Wall Street as the DJIA surpasses the 50k mark.

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[MARKET UPDATE] Asia-Pac stocks begin higher following last Friday's rally on Wall St where the DJIA topped the 50k level, while Nikkei 225 also hits a fresh record high after PM Takaichi's landslide election victory and ruling coalition's super majority

PRE-MARKET JAPANESE AND SOUTH KOREAN STOCKS NEWS: Japanese PM Takaichi's landslide election victory

Japanese Bank Lending YoY (Jan) Y/Y 4.5% vs. Exp. 4.5% (Prev. 4.4%)

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The Nikkei 225's surge to a record high following PM Takaichi's electoral success highlights market optimism, suggesting a stable governance environment for investors, potentially leading to increased confidence in equities.

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