Church Brewing: where the customers are the congregation and the choir | SaltWireTOKYO - Japanese stocks soared on Monday, with the exporter-heavy Nikkei 225 share average buoyed by the yen's slide to its lowest point in a nearly a year and after the U.S. avoided a government shutdown.
The Nikkei jumped to be 1.6% higher as of 0100 GMT, rebounding from its lowest close in more than a month at the end of last week.The weekend's last-minute stopgap funding bill allowed the government to keep operating through Nov. 17, and means key data releases including Friday's monthly payrolls report can go ahead on time.
Japanese stocks were also boosted by the Bank of Japan's quarterly Tankan survey, which showed an improvement in business sentiment.