A reckless risk or calculated gamble?

Sanae Takaichi, Japan’s prime minister, during a news conference the prime minister’s office in Tokyo, Japan, on Monday, Jan. 19, 2026. Takaichi officially called an early election next month and promised a temporary sales tax cut on food if she wins a fresh mandate for her new coalition. Bloomberg | Bloomberg | Getty Images Less than…

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Nikkei 225, Kospi, Hang Seng Index

Atlantide Phototravel | Corbis Documentary | Getty Images Asia-Pacific markets were mostly lower on Monday as investors assessed renewed U.S. tariff threats tied to Greenland, raising concerns about escalating trade tensions with Europe. European states are reportedly discussing counter-tariffs and broader punitive economic measures in response to fresh tariff threats from President Donald Trump, further…

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