Around the World's Markets: Tokyo
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.STOCKS surged through the 16,000 barrier for the first time since August last year on the back of foreign buying and upbeat comments from the Bank of Japan. The Nikkei 225 closed up 1.86 per cent, or 293.22 points, at 16,072,82.
Traders said foreign buyers were increasingly piling into the market as the yen rose against the dollar. Institutions were afraid of missing the effect of the rise, which boosts the value of dollar-denominated portfolios. "The bear market that began in December 1989 ended in March 1999," said one analyst.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments