Tokyo: Stocks jump 2.5% after Trump tax cut promise

[TOKYO] Japanese stocks rose sharply Friday, mirroring a surge on Wall Street after US President Donald Trump promised details soon about a "phenomenal" tax-cut plan aimed at boosting the world's top economy.

Tokyo's benchmark Nikkei 225 index jumped 2.5 per cent, or 471.26 points, to end the week at 19,378.93, while the Topix index of all first-section issues rose 2.18 per cent, or 33.01 points, to close at 1,546.56.


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