Japan Stocks Surge Following Economic Stimulus Measures

Japanese stocks Friday rose to their highest levels since before the global financial crisis, following Tokyo's surprise decision to expand economic stimulus measures. The benchmark Nikkei index surged 4.8 percent, ending at its highest level since November 2007. The dollar rose 1.2 percent against the yen, to levels not seen since January 2008. Shares were also in positive territory elsewhere in Asia, including in Sydney, Seoul, Hong Kong, and Shanghai. The rally was sparked by...

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