Japan's Prime Minister promises to pump up the economy.

Live from the UK, this is the Marketplace Morning Report from the BBC World Service.

I'm Guy Kilty, good morning.

In her first major speech since being re-elected as Japan's Prime Minister,

Sinai Takaichi has promised to make Japan stronger and more prosperous.

The BBC's Tokyo correspondent,

Shima Khalil, has been listening. What a couple of weeks she's had, a landslide election wins securing a rare two-thirds majority, now officially re-elected by Parliament, Sanai Takaichi

is setting the tone for her leadership. There were plenty of applause during her policy speech,

but very few real surprises. She promised a shift in direction saying that Japan would fundamentally

change its policy approach with responsible proactive fiscal policy at its core. That includes

big government spending, strategic industrial investment, and subsidies.

Remember that lurking in the background to all of this is Japan's heavy debt and sluggish growth,

and that worries the markets.

She has also vowed to push ahead with a two-year suspension of the consumption tax on food and beverages,

essentially aiming to ease the pressure on Japanese household when it comes to the cost of living.

She's also looking to developing rare earth's resources off Japan's coast with the help of the

United States. The two allies are aiming to build a supply chain less dependent on China.

Shima Khalil. Let's do the numbers.

Shares in the Swedish buy now pay later group Klana lost around

a quarter of their value on Thursday after the company reported a loss of more than $250 million

in 2025. And Anglo-American has cut the value of its De Beers diamond business by half as demand for

precious stones continues to drop.

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