BRIEF-Nissan says likely it will not be able to be reimbursed for past, future recalls after Takata bankruptcy filing
* Nissan Motor Co says likely it will not be able to be reimbursed for past, future recalls after Takata Corp bankruptcy filing
TOKYO, Jan 15 Tokyo's Nikkei stock average climbed 2.5 percent on Wednesday, its biggest one-day gain in four months, buoyed by a robust U.S. retail sales report that soothed concerns the pace of growth in the world's largest economy was slowing. The jump came after the Nikkei suffered its worst one-day decline in five months the prior day, with a 3.1 percent drop after a surprisingly weak U.S. nonfarm payroll report last Friday. Monday was a public holiday in Japan. The Nikkei ended 386.33 points higher at 15,808.73, breaking above its 25-day moving average of 15,702.72 and setting its sights on the five-day moving average of 15,828.99. Still, the benchmark Nikkei is off to a slow start this year after rocketing 57 percent in 2013, energised by Tokyo's massive fiscal and monetary stimulus to revive the world's third-largest economy. The broader Topix index advanced 2 percent to 1,294.52 on Wednesday, with 2.69 billion shares changing hands, the lowest since Dec. 27. The JPX-Nikkei Index 400, a new gauge comprised of firms with high return on equity and strong corporate governance to appeal to investors which started trading on Jan. 6, gained 1.4 percent to 11,686.84.
TOKYO, June 26 Asian shares edged up on Monday on optimism about global growth, while the dollar was on the defensive as a subdued U.S. inflation outlook capped U.S. bond yields and raised questions about the Federal Reserve's plans to tighten policy.