Japanese Shares Climb as Weaker Yen Buoys Exporters, Oil Rises

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From bloomberg.com

Shares in Tokyo rose, tracking gains in U.S. equities, as the weaker yen buoyed Japanese exporters while oil stocks gained following a jump in crude prices. The Topix index added 0.5 percent to 1,297.50 as of 9:15 a.m. in Tokyo, paring its loss this week to 2 percent, after the measure posted its biggest drop in more than a fortnight on Thursday. The Nikkei 225 Stock Average increased 0.6 percent. The yen slipped 0.4 percent to 100.24 per dollar after five days of gains left the Japanese currency trading near its highest level since November 2013. The S&P 500 Index climbed 0.2 percent as higher crude prices lifted shares in oil … (full story)