Business News

Tokyo stocks close higher on cheaper yen, Toshiba soars

TOKYO, (MILLAT/APP/AFP) – Tokyo stocks rose Friday as a cheaper
yen lifted exporters, while troubled Toshiba soared on renewed optimism it will be able to work through huge losses at its US nuclear unit.
Tokyo’s benchmark Nikkei 225 index rose 0.93 percent, or 177.22 points, to end the day at 19,262.53. The Topix index of all first-section issues advanced 0.88 percent, or 13.51 points, to 1,543.92.