Tokyo stocks finished Monday at a two-month high, adding 1.43 per cent after the front-runner to become Japan's next prime minister said he would push for further monetary easing if elected.
The benchmark Nikkei 225 index at the Tokyo Stock Exchange ended up 129.04 points at 9,153.20, while the broader Topix index of all first-section shares rose 1.44 per cent, or 10.82 points, to 762.16.
Japan's main opposition leader Shinzo Abe, tipped to become prime minister after a December 16 election, last week called for "unlimited" easing by the Bank of Japan (BoJ), and vowed to strike a deal with the bank over further policy measures.
The comments from Abe, who is also seen by investors as business friendly, has put pressure on the yen as easing tends to weigh on a national currency.
Hopes for political change and measures that would inject new life into the slowing Japanese economy, the world's third-largest, helped boost the Tokyo market, while the weaker yen also lent support, dealers said.
On Saturday at around 11:30 a.m., officers arrested Hideaki Shoji, a resident of Yokohama, after he allegedly came up from behind a 21-year-old female college student and shot digital images up her skirt as she stood on a platform at Kuhonbutsu Station in Setagaya Ward. (Tokyo Reporter)
A 12-year battle for justice took an enormous financial, emotional and physical toll, says Catherine Jane Fisher. But for the Australian teacher of English and mother of three, it's time to savor a landmark court victory. (womensenews.org )
The number of shoplifting cases accounted for nearly 10 pct of all criminal offenses recognized by Japanese police, with the rate increasing, a National Police Agency survey showed Wednesday. (Jiji Press )