Donald Trump wins US presidency

Donald Trump has won the US presidential election, becoming the 47th president, after defeating Kamala Harris. Trump returned to the White House amidst clear momentum for his Republican Party.

Trump, 78, surpassed the 270 electoral votes, confirming his victory.

He had preempted the results by declaring victory in a speech to his supporters, during which he referred to achieving a historic win. Many world leaders quickly congratulated him after this speech.

The Republicans secured a majority in the Senate and continue to lead in the House of Representatives race.

Despite the strong competition in the House elections and the difficulty in predicting results, a Republican majority would ensure support for Trump’s plans and policies, particularly concerning immigration and tariffs.

US stock futures signal strong performance expected for US stocks, with the possibility of hitting record levels in optimism over Trump’s win.