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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State Bank of India (SBI) reported its sharpest quarterly profit drop in five years on Friday but cheered investors by saying that fewer than feared of its loans risked turning sour. Read