0643 GMT - Japanese stocks ended higher as fears about the U.S. economic outlook have subsided for now. Heavy industry and real-estate stocks led the gains. Mitsubishi Heavy Industries gained 12%, IHI climbed 9.7% and Mitsui Fudosan added 3.2%. The Nikkei Stock Average rose 0.9% to 37396.52. Investors are focusing on any developments related to Japanese monetary policy ahead of the Bank of Japan's two-day policy meeting starting Tuesday. The 10-year Japanese government bond yield declined one basis point to 1.505%. USD/JPY is at 148.80, compared with 148.63 late Friday in New York. (kosaku.narioka@wsj.com; @kosakunarioka)
(END) Dow Jones Newswires
March 17, 2025 02:43 ET (06:43 GMT)
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