Japanese shares close higher as Nikkei 225 gains 0.2%
Japan’s Nikkei 225 and Topix each rose 0.2% on Thursday, closing at 65,271 and 4,055, respectively, reversing earlier declines and ending a two-session losing streak. The rebound came as momentum in oil prices and global bond yields eased, though the Bank of Japan is still widely expected to tighten next week.
2% on Thursday, ending at 65,271 and 4,055, respectively, after reversing earlier losses and snapping a two-session decline. The rebound came as gains in oil prices and global bond yields lost steam, while investors continued to watch inflation, higher interest rates and a yen that climbed to its strongest level in nearly seven months. 5%. The Bank of Japan is still widely expected to raise borrowing costs next week, and board member Kazuzuki Masu said the central bank will keep tightening policy and reduce monetary support as underlying inflation approaches its 2% target.