TOKYO The Nikkei average climbed to a seven-month closing high above the 9,500 mark on Thursday, encouraged by a yen kept weaker though persistent speculation the central bank would adopt bolder action to pull Japan out of deflation under a likely new government.
(Reporting by Ayai Tomisawa; Editing by Edwina Gibbs and Eric Meijer)
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Three of India's leading state-run lenders reported a drop in their first quarter net profits, weighed down by rise in provision for bad loans and cooling expectations of a turnaround in the country's dominant but ailing government banking sector. Full Article