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European stock markets traded mixed and the dollar advanced in thin holiday trading Monday following a subdued showing for Asian equities ahead of the Lunar New Year holiday and after Japan reported lacklustre economic growth.

Japan seized a Chinese fishing boat and arrested its skipper, authorities said Friday, an incident that could deepen a spat between the Asian giants.

Taiwanese President Lai Ching-te warned that countries in the region would be China's next targets should Beijing seize the democratic island, as he insisted on the need for Taiwan to dramatically shore up its defences.

Global stocks moved without direction Tuesday as traders assessed mixed company earnings and the outlook for the tech sector ahead of key economic data releases, with lackluster US retail sales data keeping investors cautious.

Japanese Prime Minister Sanae Takaichi's Liberal Democratic Party (LDP) won 315 seats in weekend snap elections, giving it a two-thirds majority, official results confirmed Tuesday.

Japanese stocks surged to a record high Monday as investors cheered Prime Minister Sanae Takaichi's victory in a snap parliamentary election.

Japanese premier Sanae Takaichi said Monday that the public saw an "urgent need" for major reform after a historic election landslide, pledging to boost the country's defences in order to protect its territory.

Japanese stocks soared to record highs Monday after Prime Minister Sanae Takaichi's election triumph, but experts warned that the country's first woman leader could struggle to keep both voters and markets happy.