Business News

Tokyo shares up by break after China GDP figures

TOKYO, Oct 19, (APP/AFP) – Tokyo shares rose Wednesday morning as solid Chinese GDP data boosted hopes for the powerhouse economy, while electronics firm Sharp soared as it said it expects a big recovery in its business. The benchmark Nikkei 225 index, which opened slightly lower on a firm yen, gained 0.14 percent, or 23.55 points, to 16,987.16 by the lunch break while the Topix index of all first-section issues was up 0.04 percent, or 0.58 points, at 1,357.15.