Tokyo: Shares open higher as investors gauge Powell remarks

TOKYO shares opened higher as investors gauged inflation and recession risks after US Fed chair Jerome Powell pointed to the need for further rate hikes.

The benchmark Nikkei 225 index rose 0.22 per cent or 58.77 points to 26,208.32 while the broader Topix index added 0.41 per cent or 7.62 points to 1,860.27. AFP

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