Nationalist Sanae Takaichi set to be Japan's first female prime minister

Japan's ruling party picked conservative nationalist Sanae Takaichi as its head on Saturday, putting her on course to become the country's first female prime minister in a move set to jolt investors and neighbors. The Liberal Democratic Party, which has ruled Japan for almost all of the postwar era, elected Takaichi, 64, to regain trust from a public angered by rising prices and drawn to opposition groups promising stimulus and clampdowns on migrants. A vote in parliament to choose a replacement for outgoing Shigeru Ishiba is expected to be held on October 15. Takaichi is favored as the ruling coalition…