Japanese stocks are higher as lower-than-expected U.S. inflation keeps expectations for Federal Reserve rate cuts intact.
Electronics and auto stocks are leading gains. Advantest is up 3.5% and Subaru Corp. is 2.2% higher. USD/JPY is at 147.85, compared with 148.28 as of Tuesday's Tokyo stock market close.
Investors are closely watching any U.S. tariff news as well as domestic political developments. The Nikkei Stock Average is up 0.8% at 43058.55, after closing at a record high on Tuesday.
Source : Dow Jones Newswires
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