Tuesday, May 7, 2013

Japanese stock market soars to five-year high

Shares in Tokyo have soared, closing at their highest level in almost five years, with the market driven by a weakening Japanese currency and after Wall Street hit fresh all-time highs on solid jobs data. The benchmark Nikkei 225 index gained 3.55 percent, or 486.20 points, to 14,180.24 on Tuesday, its best finish since June 2008.

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