Japan’s Shares Rebound on Hopes of Trump Tariff Deal, Weaker Yen

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Japanese stocks rebounded after a call between Prime Minister Shigeru Ishiba and US President Donald Trump spurred hopes of a tariff deal.

The broader Topix rose 6.3% to close at 2,432.02 in Tokyo while the Nikkei 225 Stock Average gained 6% to 33,012.58. The moves in both gauges were the biggest increase since August.