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BOJ eases, Nikkei hits record high

Wednesday, September 19 07:09:00

The Nikkei average hit a four-month closing high today, after the Bank of Japan eased monetary policy to bolster an export-driven economy struggling with sluggish global demand and fallout from a territorial dispute with China.

The Nikkei climbed 1.2 percent to 9,232.21, its highest closing level since early May, while the broader Topix index gained 0.9 percent to 764.80. ( C) Reuters