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Japan's Nikkei stock index tops 16,000 for first time in 6 years
Japan's Nikkei stock index tops 16,000 for first time in 6 years

Japan's Nikkei stock index closed above 16,000 for the first time in six years as the weaker yen boosted exporter earnings prospects. The Turkish lira and stocks fell after a third minister resigned amid a graft probe and urged Prime Minister Recep Tayyip Erdogan to quit. The Nikkei 225 stock average climbed 0.8%, adding to a 54% rally this year, the most among major developed markets. Japan's currency fell 0.1%, weakening for a third day. The Turkish lira slid 0.6% against the dollar, reversing earlier gains. China's seven-day repurchase rate fell for a second day after the central bank injected funds into the financial system. Most global markets were closed for the...

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