Nikkei rises on yen's weakness, moving closer to 33-month high

TOKYO Tue Feb 12, 2013 12:05am GMT

TOKYO Feb 12 (Reuters) - Japan's Nikkei share average gained 1.7 percent on Tuesday as exporters rose on a weaker yen after a U.S. Treasury official said the Washington supports Japan's efforts to end deflation and re-invigorate growth.

The index rose to 11,346.72, moving closer to a 33-month high of 11,498.42 struck last Wednesday.

The broader Topix gained 1.5 percent to 971.36.


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.