Nikkei Up 0.2%, Led by Chip Stocks
Japanese stocks are higher as the yen weakens despite continuing uncertainty over the conflict between Israel and Iran. Chip stocks are leading the gains. Lasertec is up 3.8% and Kioxia Holdings is 2.8% higher.
USD/JPY is at 144.81, up from 144.17 as of Monday's Tokyo stock market close. Investors are focusing on developments in the Middle East as well as the Bank of Japan's policy meeting outcome due later in the day. The Nikkei Stock Average is up 0.2% at 38390.59
Source: Bloomberg