Nikkei rises to 33-month high, posts best January gain in 15 years
TOKYO, Jan 31 (Reuters) - Japan's Nikkei share average edged up on Thursday, posting its best January in 15 years as gains in the banking sector lifted sentiment, offsetting gloomy earnings from such bellwether companies like Nintendo Co. The Nikkei rose 0.2 percent to a new 33-month high of 11,138.66 points and posted a 7.2 percent gain this month, its strongest January performance since 1998 after rallying 22.9 percent in 2012. The broader Topix gained 0.6 percent to 940.25.
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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.