The Nikkei 225 jumped 2% to above 41,600, while the broader Topix Index rose 0.9% to 3,052 in post-holiday trading on Tuesday (August 12), with both benchmarks hitting all-time highs amid optimism over global trade.
The U.S.-China trade truce was extended for 90 days, easing tensions and giving negotiators more time to reach a deal. Domestically, investors weighed the Bank of Japan's policy outlook as board members remained divided over the timing and pace of future interest rate hikes
In corporate news, SoftBank Group surged more than 7% after committing about $32.7 billion to OpenAI and agreeing to acquire chip designer Ampere Computing for $5.6 billion. Other leading stocks that rose included Sanrio (+12.6%), Advantest (+7.2%), and Mitsubishi UFJ (+3.6%). (alg)
Source: Trading Economics
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