Tokyo stocks closed nearly 4% higher on Friday, with the key Nikkei stock index surging over 500 points, on temporary euphoria over a tentative deal on a U.S. stimulus package and upbeat earnings forecast for Japanese companies due out next week. The... ...full story at Japan Today
from Japan Today on Fri, Jan 25 2008
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Asian stocks followed Wall Steet's lead and gained broadly Friday, buoyed by the dollar's continued strength against the yen.
In Japan, exporters like Sony pushed the Nikkei to a five-month high as the greenback rose to 106 yen to the dollar.
The... |
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