Japan's Nikkei average rose
more than 1 percent to hit a one-week high on Friday, boosted by
gains on Wall Street and solid demand at debt auctions in Spain
and Italy, which are now at the forefront of the euro zone debt
crisis.
Many major exporters with exposure to Europe were in demand
as the euro gained against the yen on the back of the debt
sales. Canon put on 2.3 percent and Konica
rose 1.3 percent.
Inpex Corp, Japan's top oil and gas explorer, added
1.2 percent after saying it has decided to go ahead with the $34
billion Ichthys liquefied natural gas export project in
Australia, in which it has a 73 percent stake.
Among engineering firms involved in the project, JGC Corp
climbed 5.2 percent and Chiyoda Corp gained
3.6 percent.
(Reuters)
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