Tokyo stocks soar by break, extending global rally

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TOKYO: Tokyo’s benchmark index soared more than four percent Wednesday morning, extending a global rally as investor sentiment brightened on improved US data and hopes that new central bank moves will boost China’s slowing economy.

The Nikkei 225 index at the Tokyo Stock Exchange jumped 649.30 points to 16,734.81 and the broader Topix index of all first-section shares surged 3.69 percent, or 48.03 points, to 1,348.86.