Japan’s Nikkei share average rose more than 1% on Thursday to touch its highest level in a week, as investors were relieved after data showed underlying U.S. inflation remained on its slow, downward trajectory.
By 0145 GMT, the Nikkei index had climbed 1.1% to 33,076.49, crossing the 33,000 level for the first time since Sept. 7. Fast Retailing and heavyweight technology stocks led the gains.
The broader Topix was up 0.7% at 2,395.31.
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