Japanese markets rise sharply
The Nikkei average jumped 0.93 percent to 37,396.52 while the broader Topix index settled 1.19 percent higher at 2,748.12. Chip-related stocks climbed, with Advantest and Tokyo Electron rising 2-3 percent.
Mitsubishi Heavy Industries soared 12.2 percent, Kawasaki Heavy Industries surged 6 percent and IHI Corp added 9.7 percent on expectations that Japan may beef up its defense spending in the future.
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