Financial Times FT.com

Business wary over DPJ victory

By Lindsay Whipp in Tokyo

Published: August 28 2009 19:02 | Last updated: August 28 2009 19:02

When Japanese traders and investors sit down at their desks on Monday, if the polls are anything to go by, the country will have a new ruling party. The Liberal Democratic party’s near-uninterrupted 53 years in power will be at an end.

If the opposition Democratic Party of Japan does win a landslide victory, some analysts say that markets could rise in the short-term at best, but that global market movements and the global economy carry more weight in determining the next direction for stocks.

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