Economic news

Review: Japan's Nikkei moves towards two-year peak

Japanese shares climbed up to two-year highs on Tuesday as exporters obtained benefit from dollar firmness, with investors waiting for comments from U.S. Federal Reserve Chairwoman Janet Yellen, who must confirm the forecast for another rate hike this year.

The Nikkei .N225 index rose by 0.3% to 20 210.09 in sluggish trading. An increase above 20 318.11 will allow Nikkei to reach the highest level since August 2015.

South Korea's KOSPI ticked up 0.3 percent. Shanghai's SSE Composite and Australian stocks both dipped 0.1 percent.

Photo: REUTERS/Thomas Peter

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