Nikkei rebounds from 1-week closing low on US fiscal hopes

Thu Nov 29, 2012 12:04am GMT

TOKYO, Nov 29 (Reuters) - Japan's Nikkei average advanced in
early trade on Thursday as investors took comfort from comments
by the top Republican in U.S. Congress that he was optimistic on
averting the so-called "fiscal cliff".
    The Nikkei rose 0.8 percent to 9,380.03, rebounding
from a one-week closing low hit on Wednesday, while the broader
Topix gained 0.8 percent to 777.29.
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After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.