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Japan’s broad Topix gauge hit a record high on Friday as waning sovereign debt concerns gave stocks a tailwind. The Topix hit an all-time intraday high of 3,436.75 in early trading before losing some momentum to close down just 0.2% at 3,423.06. The blue-chip Nikkei index rose 0.7% to 50,750.39, posting a 2.5% gain for […]
Japan plans to issue new government bonds worth about $189 billion to finance a record budget for next fiscal year, a draft reviewed by Reuters showed on Wednesday that underlined the government’s expansionary fiscal policy. The annual budget, which will be finalized on Friday, will be the first put together by Prime Minister Sanae Takaichi, […]
