United Kingdom

Tokyo Market Report Headlines

Nikkei edges up after yen softens, SoftBank surges

Japanese stocks edged up on Thursday as investors bought futures after the yen weakened in Asian trade, while a surge in index-heavyweights such as SoftBank supported sentiment. Information technology conglomerate SoftBank jumped as much as 4.5 percent to hit a near two-week high of 8,894 yen and contributed to a hefty 31 positive points to the Nikkei after Bloomberg reported that the company had built a $4 billion stake in Nvidia.