Japanese Shares Wipe Out August Loss as Yen Drops on Fed Bets

  • Banks and exporters drive gains as yen extends declines
  • Benchmark Topix chalks first August gain in seven years

Japan May Stimulate Activity in Quiet Market, Says Dewan

Japanese shares rose, with the benchmark stock wiping out the month’s losses, after the yen extended its declines on bets the Federal Reserve will move to raise interest rates this year.

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