Business News

Tokyo stocks end higher on massive Japan stimulus

TOKYO, (APP/AFP) – Tokyo stocks ended higher
Wednesday after Japanese Prime Minister Shinzo Abe said his government
will launch a whopping 28 trillion yen ($266 billion) economic
stimulus package to shore up the faltering economy.
The benchmark Nikkei 225 index rose 1.72 percent, or 281.78
points, to close at 16,664.82, while the broader Topix index of
all first-section shares gained 1.13 percent, or 14.73 points,
to 1,321.67.