Japan’s Topix Index Closes Higher After Whipsawing on GDP Data

  • Economy grew 1.7 percent in first quarter, averting recession
  • All eyes turn to Shinzo Abe’s proposed sales-tax increase

Is Abe at a Loss about What to do About Policy in Japan?

Japan’s Topix index closed higher after fluctuating for most of the day as investors weighed the impact of strong-than-expected economic growth on the government’s decision on future stimulus and a planned sales tax hike.

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