Newly-elected leader of Japan's Liberal Democratic Party Sanae Takaichi (right) celebrates with Shigeru Ishiba, who resigned as prime minister after the party lost its parliamentary majority. Photograph: Kim Kyung-Hoon - Pool/Getty Images

Sanae Takaichi came out top in a male-dominated race to lead Japan’s ruling party on Saturday, putting her on course to emulate her hero, former British leader Margaret Thatcher, and become her country’s first female prime minister.

The fiscal dove’s surprise victory may jolt investor confidence in one of the world’s most in

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