Japan stocks rebound after historic losses

Japan stocks rebound after historic losses

Japan stocks rebounded on Tuesday after the Nikkei 225 and the Topix dropped over 12% in the previous session. Other Asia-Pacific market also opened higher.

Japan’s Nikkei 225 and the broad-based Topix climbed more than 8% on open. On Monday, the Nikkei saw its largest loss since Black Monday in 1987.

The yen weakened over 1% to trade at 145.75 against the U.S. dollar.

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