Nikkei advances as financials see fat gains, yen soft

TOKYO Tue Feb 12, 2013 6:06am GMT

TOKYO Feb 12 (Reuters) - Japan's Nikkei share average climbed 1.9 percent on Tuesday, boosted by financials after a U.S. Treasury official voiced support for Japan's aggressive policies to combat deflation and bolster growth, prompting the yen to soften.

The benchmark added 215.96 points to 11,369.12, within reach of a 33-month high of 11,498.42 struck last Wednesday. The broader Topix rose 1.2 percent to 968.50.


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.