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Tokyo’s Nikkei inches up to new 27-year high

TOKYO: Tokyo’s benchmark Nikkei index rose for the third straight session to a fresh 27-year high today on a cheap yen and advances on Wall Street.
The key Nikkei 225 index, which finished at its best level since November 1991 on Monday, added another 0.10 percent, or 24.86 points, to 24,270.62 while the broader Topix index gained 0.33 percent, or 6.07 points, to 1,824.03.

 

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M M Alam

M. M. Alam is a Pakistan-based working journalist since 1981. Karachi University faculty gold medalist Alam began his career four decades ago by writing for Dawn, Pakistan’s highest circulating English daily. He has worked for region’s leading publications, global aviation periodicals including Rotors (of USA) and vetted New York Times as permanent employee of daily Express Tribune. Alam regularly covers international aviation and defense-related events including Salon Du Bourget (France), Farnborough (United Kingdom), Dubai (UAE). Alam has reported thousands of events and interviewed hundreds of people in Pakistan, UAE, EU, UK and USA. Being Francophone Alam also coordinates with a number of French publications.