According to Nikkei, government-backed Japan Bank for International Cooperation (JBIC) will provide up to $360 million in financing; private banks will provide the remainder.

Franklin Templeton Research Institute chief market strategist Stephen Dover said a divided U.S. government could lower the odds of large-scale legislative reform but would not necessarily reduce policy uncertainty. He warned heightened confrontation between Congress and the White House could increase market volatility, particularly for firms sensitive to international trade, government spending and regulation. Healthcare companies may face tougher scrutiny on drug pricing, insurance costs and public health-insurance reimbursement. Financial institutions could face stricter congressional oversight. Defense contractors are exposed to shifts in spending priorities. Energy firms, including renewable developers, would be sensitive to changes in regulation and federal incentives.

The Dutch government nominated former Netherlands central bank governor Klaas Knot to serve as president of the European Central Bank.