Japan’s Nikkei Notches Two-Week High, Eyes Second Weekly Gain
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Japan's Nikkei 225 rose nearly 1% to 50,892, marking a two-week high and aiming for a second weekly gain, driven by broad sectoral strength and improved sentiment after Wall Street's record close. Tokyo's cabinet approved a draft fiscal 2026 budget with record spending. Gains were limited by weak industrial output and retail sales data, and a high jobless rate. Early movers included Fast Retailing, SoftBank Group, Advantest, and Mitsubishi Electric.
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