Japan's Nikkei hits 33-year peak amid weak yen and debt ceiling hopes


Japan's Nikkei share average pushed to a fresh 33-year high on Tuesday, May 23, 2023. - AFP photo

TOKYO, May 23 (Reuters): Japan's Nikkei share average pushed to a fresh 33-year high on Tuesday, helped by a weaker yen and gains for U.S. stock futures amid increased optimism about a debt ceiling deal.

The Nikkei entered the midday break up 0.64% at 31,286.70, putting it on track for a ninth straight winning session, after earlier reaching 31,352.53 for the first time since August 1990.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Japan , Nikkei , Soaring

Next In Aseanplus News

Cambodia to keep up crackdown on scam centres after arrest of alleged mastermind
Poems recited at Japan's Imperial New Year’s Reading; Prince Hisahito makes his debut
King wishes Sultan of Brunei speedy recovery from knee surgery
Brunei association empowers senior citizens through economic activities
Family in South Korea accused of staging dozens of crashes with children in car
Prabowo turns lush Hambalang sanctuary into command outpost
Inside the scam complex’s detailed playbook
Asian stocks rise; FX lack direction on steady dollar, Fed rate-cut bets
Lao govt eyes large-scale investment to drive economic growth
Demolition of 68 Sentul residential units goes smoothly, police say

Others Also Read