Business · Markets · 3 hrs ago

Tokyo stocks open 0.37% higher as investors await central bank decision

Tokyo stocks open 0.37% higher as investors await central bank decision

Tokyo's Nikkei opened 0.37% higher, adding 235 points to reach 64,190.16.

Semiconductor and artificial intelligence shares helped lift the market.

The gains followed strong performance by US technology stocks.

Investors remained cautious ahead of the Bank of Japan's decision, with its meeting due to end the next day.

The outcome could affect expectations for Japan's monetary policy.

The yen was steady against the US dollar at 157.90 and just above 176 against the euro.

The meeting was set to conclude the following day, giving investors a key decision to watch.

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