Tokyo shares up by break as Fed lowers rate hike outlook

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TOKYO: Tokyo shares rose on Thursday morning after the Federal Reserve lowered its outlook for US interest rate hikes and as Japan recorded its first trade surplus in two months.

The benchmark Nikkei 225 index at the Tokyo Stock Exchange climbed 1.39 percent, or 235.12 points, to 17,209.57 by the break. The broader Topix index of all first-section shares gained 1.26 percent, or 17.16 points, to 1,377.66.