TOKYO, March 25 (Reuters) - Japan's Nikkei share average
rallied in early trade on Tuesday as indications that impending
U.S. tariffs against trading partners may be more measured and
targeted than previously feared injected fresh optimism into
markets.
A softer yen going into the day also gave an additional
boost to overall investor sentiment.
The Nikkei rose 1% to 38,002.70 as of 0010 GMT.
The broader Topix was up 0.6% after briefly rising as
high as 2,818.36, its highest since July 24.
Japanese equities took their cue from all three major U.S.
stock indexes finishing sharply higher on Monday, with the S&P
500 closing at its highest in over two weeks as Wall Street took
the latest comments from U.S. President Donald Trump as a sign
of flexibility on the tariff blitz that has rocked markets.
The dollar last traded at 150.82 yen after the
Japanese currency depreciated overnight, buoying
exporter-related shares that tend to benefit from a softer yen.
Among major shares, automaker Toyota Motor ( TM ) and
Uniqlo parent firm Fast Retailing ( FRCOF ) were up, along with
big-name technology shares SoftBank Group, Tokyo
Electron ( TOELF ), and Advantest ( ADTTF ).