Japanese shares climb on bets Fed to hold rates steady; Topix poised for record close
TOKYO: Japan’s Nikkei share gauge climbed on Friday, extending a weekly advance, after softer US producer prices eased pressure for a near-term Federal Reserve interest rate hike and supported risk appetite. The benchmark Nikkei 225 rose 0.85% to 68,889.01 by the midday break, set for a 5% gain for the week. The broader Topix gained 0.69% to 4,204.99, poised for a record high close. US stocks…
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