The Nikkei 225 index added 190.94 points to close at 19,437.00, while the broader Topix index of all first-section issues gained 0. 79 percent, or 12.29
points, to finish at 1,570.50.
Local traders said the market closing at a near 15-year high was due initially from Wall Street's strong lead overnight discount jordans wholesale , with U. S. shares gaining traction as concerns about the Fed hiking its interest rate abated for now.
Despite a meeting of the Fed's policy makers not concluding until Wednesday, market players here said that U.S. manufacturing output declining for a third
straight month in February, showing that economic activity in the world's
largest economy, lower than expected in Q1, would likely factor into the Fed's
decision not to hike its interest rate at a juncture earlier than market
expectations.
The latest data showed that factory production in the U.S. retreated 0.2 percent last month, compared to median economists' forecast of a 0.1-percent
pickup and came on the heels of a 0.3- percent slip in January.
Investors also reacted well to news that, following bellwether firms like Toyota and Panasonic opting to raise their wages following negotiations and
brightening the outlook for the economy on hopes for increased consumer
spending, and Nissan announcing that it too planned to raise wages by an average
of 5 wholesale jordans kids ,000 yen per month, further fed into a risk-on mood Tuesday.
""Pay raises this year will be greater and more widespread than last year, which is positive for sentiment,"" said Yutaka Miura, a senior technical analyst
at Mizuho Securities Co.
Earlier Tuesday and following a two-day policy meeting, Japan's central bank opted to stay pat on easing its monetary policy, with its chief Haruhiko Kuroda
remaining confident that despite a global oil rut and falling prices for crude,
the bank's deflation mission was still on track.
""An optimistic mood is spreading in developed markets. We continue to see a situation where risk money flows into Japan and Europe on the back of their
monetary policies wholesale jordans mens ,"" said Toshihiko Matsuno, chief strategist at SMBC Friend Securities Co.
In currency markets, the U.S. dollar was changing hands at 121. 29 yen, edging down from 121.35 yen logged in New York on Monday.
But some exporters rallied on individual merit, with consumer electronics giant Sony leaping 4.3 percent to 3,235 yen. Sony announced after the closing
bell that it had booked a Q3 operating profit of 90 billion yen, although was
set to lose 170 billion yen for the year to March.
Top automaker Toyota accelerated 0.7 percent to close at 8,338 yen wholesale jordans womens , after the firm announced wage hikes, but Nissan, despite following suit, closed down 0.1 percent at 1,283 yen.
Hitachi was a notable gainer, jumping 4.3 percent to 836 yen and Mitsubishi Heavy Industries was also in the spotlight as local reports of a share buyback
plan lifted the stock by 1.8 percent to 691 yen.
Similarly, Tokyo Gas advanced 2.3 percent to 756 yen, marking its highest close in 25 years wholesale jordans free shipping , following media reports of plans for significant share buyback scheme.
Trading volume on Tuesday fell to 1.94 billion shares on the Tokyo Exchange's First Section, down from Monday's volume of 1.97 billion shares, with advancing
issues outnumbering declining ones by 1,024 to 679.
"
SHANGHAI, Jan. 29 (Xinhua) -- Shanghai will add more free trade accounts, a measure aimed at easier financing for companies in the city.
A total of 70,000 free trade accounts have already been opened in Shanghai and total financing exceeded 1.1 trillion yuan, said Ying Yong wholesale nike jordans , mayor of Shanghai, on Monday.
The accounts became operational starting from 2014 in the free trade zone in Shanghai, located in the Pudong New District. Companies registered in the FTZ
use the accounts for financing, investment and other cross border transactions.
The accounts enable funds to move freely between the FTZ and offshore entities, while curbing speculative risks from overflowing in the onshore
financial system.
Ying said the free trade account system was an important innovation in financial reform. "Shanghai will allow more companies to open free trade
accounts," he said.
"Shanghai plans to build a free trade port in an effort to facilitate trade and investment. The port will be built in the Yangshan Deep Water Port and
Pudong International Airport," Ying said.
A free trade port is set up within national or regional borders but outside its customs supervision. It is a highly opened-up area that allows the free flow
of most commodities, currencies and personnel.
SAN FRANCISCO wholesale jordans china , Jan. 29 (Xinhua) -- What caused the Zika virus, which had lain low since its discovery in the forests of Uganda in the 1940s, to trigger
such severe outbreaks in recent times?
A group of researchers say a gene mutation detected after 2012 could have enhanced the virus' power to overcome immunity in the Aedes mosquito, its main
carrier, and increase its power to infect.
The Asian lineage of the virus, responsible for the recent epidemics, underwent mutation, increasing its potency to infect wholesale jordans online , according to the research published in Nature Communications journal Monday.
The research found the evolutionary mutation can increase the ability of Zika to overcome the host mosquito's immune response, reproduce more efficiently and
cause greater infection and epidemics, Shi Peiyong, a virologist at the
University of Texas Medical Branch at Galveston and leader of the research team,
said.
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