What to expect from Japan's first female prime minister?

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  Now book at oberjochresort.de Japan's first female prime minister sends markets soaring.

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  It's World Business Express from the BBC World Service.

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  I'm Liana Byrne.

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  In the US, Coca-Cola's results pop, and in Brazil, a major oil drill gets the green light.

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  So we start in Japan, where Sanae Takeishi has become the country's first female Prime Minister.

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  Assange conservative Takeishi takes over at a challenging economic moment as Japan grapples with a rising cost of living and a frustrated public.

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  Now, it's been an uncertain time for the world's fourth-largest economy, our correspondent.

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  Shima Kalil is in Tokyo.

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  One thing is the fact that she is a big fan of Abenomics.

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  She has been the protege of the late former Prime Minister Shinzo Abe and plans to bring back economic reform.

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  And central plank of that is the Abenomics, which essentially means big government spending,

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  massive policies that have to do with tax relief for people.

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  And I think that in itself.

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  makes markets optimistic

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  because this is really what people have been asking for they've been struggling with inflation they've been struggling with rising prices and i think the idea that you have a prime minister that's not afraid to spend at least in the beginning of her leadership has had a positive effect on the markets.

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  Well, let's talk about some of those policies you mentioned because her coalition,

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