The Nikkei 225 jumped 1.2% to around 43,100 and the Topix gained 0.8% to 3,105 on Friday, with Japanese equities rising for a second session after US President Donald Trump signed an executive order cutting tariffs on Japanese cars to 15% from 27.5%.
The order also cemented an agreement for $550 billion in Japanese investments in US projects. Sentiment was further lifted by a strong Wall Street rally as soft US labor data bolstered bets on a Federal Reserve rate cut this month.
Domestically, data showed Japan's real wages turned positive in August for the first time since December, supported by steady base pay increases and large summer bonuses. Auto stocks led gains with Toyota Motor up 1.4%, Honda Motor 1.5% and Nissan Motor 2.8%, while heavyweight technology, industrial and financial shares also advanced.
Source: Trading Economics
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