Tokyo - Japanese Prime Minister Taro Aso on Tuesday welcomed US efforts to stabilize the global financial markets and conveyed his intention to play a leading role as Group of Eight chair in the upcoming financial crisis meeting in the US, the top Japanese government spokesman said.
Tokyo - Tokyo markets continued to rise in morning trading Tuesday after Wall Street's overnight surge, sending Japan's benchmark Nikkei Average up nearly 4 per cent.
Tokyo - Asia-Pacific stocks soared Monday after South Korea announced a more than 130-billion-dollar package to stabilize the country's financial sector.
Japan's benchmark Nikkei 225 Stock Average was up 3.59 per cent at 9,005.59 while its broader Topix index of all first-section issues gained 3.7 per cent to close at 927.37.
The market for Asia's largest economy was also buoyed by speculation that corporate earnings reports would beat analysts' expectations.
The biggest percentage increase of the day was seen in Hong Kong, where the benchmark Hang Seng Index closed up 5.28 per cent, buoyed by a general rebound in stocks across Asia.
Tokyo - Japan markets opened up Monday, largely over reports that company earnings may not be as bad as expected.
The Nikkei 225 Stock Average rose 72.64 points, or 0.8 per cent, to 8,766.46 at 9:36 am local time. The broader Topix index climbed 8.62, or 1 per cent, to 902.91.
Sony Corp advanced 2.3 per cent, while Panasonic Corp climed 6.6 per cent. Japan's biggest steelmakers - Nippon Steel Corp and JFE Holdings - were expected to boost annual earnings targets.