Nikkei rises, poised to post 12th straight week of gains

Fri Feb 1, 2013 12:12am GMT

TOKYO, Feb 1 (Reuters) - Japan's Nikkei share average rose
on Friday morning and is set to post its 12th straight week of
gains, the longest streak in 54 years, as a weak yen helped
exporters and expectations of a recovery in the U.S. economy
supported broader sentiment.
    The Nikkei rose 0.6 percent to a 33-month high of
11,208.52. The index has gained 2.6 percent this week, putting
it on track for a 12th straight week of gains, the longest run
of weekly gains since 1959.
    The broader Topix added 0.6 percent to 946.16.

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.