Live news: Japanese equities drop in early trading after leadership election

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Austria’s far-right Freedom party scored a historic victory in the country’s parliamentary election on Sunday, with the result consolidating pro-Russian, anti-establishment forces in central Europe.

The FPÖ was projected to win just under 29 per cent of the ballots cast, according to a near final official estimate of the vote late on Sunday, bolstering the claim of its firebrand leader Herbert Kickl to become Austria’s next chancellor.

It is the first time the FPÖ, which has embraced increasingly hardline and extremist policies on immigration and the war in Ukraine in recent years under Kickl, has come first in a national election.

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