Japanese Stocks Rise on Reports Abe Will Delay Hike to Sales Tax

  • Energy explorers and insurers lead gains on Topix index
  • Group of Seven summit in central Japan concludes on Friday

HSBC's Major: Japan Needs to Loosen Fiscal Policy

Japanese stocks rose, led by energy explorers and insurers, after reports that Prime Minister Shinzo Abe has decided to delay a sales-tax increase.

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