apan’s Nikkei share index hit yet another 15-year high on Tuesday after rising for the fifth day in a row.
The move came as the yen weakened against the dollar amid speculation about what US Federal Reserve chair Janet Yellen might say regarding rate rises in the US later in the day.
Tokyo’s benchmark Nikkei 225 closed up 0.74% at 18,603.48.
A weaker yen helps big exporting firms in Japan because it makes their goods cheaper overseas.
The dollar rose to 119.22 yen compared with 118.76 yen in New York trading.
Shares in Hitachi fell 0.8% following reports that the company was about to buy the rail business from Italy’s Finmeccanica. The deal was confirmed after the market had closed.
In Hong Kong, the Hang Seng index closed down 0.35% at 24,750.07. Markets in the rest of China continued to remain shut for the Chinese New Year holidays.
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