Japanese stocks trade higher, pushed by fresh multiyear lows for the yen and strong results from...

|By:, SA News Editor

Japanese stocks trade higher, pushed by fresh multiyear lows for the yen and strong results from Toyota (TM +1.05%). The Nikkei Average surged 2.3% to 11,304, wiping away the previous session's 1.9% loss, with autos leading: Mitsubishi Motors (MMTOY.PK +5.1%), and Subaru maker Fuji Heavy Industries (FUJHY.PK +6%). The move on the yen also gave a lift to tech exporters as well: Sony(SNE +2.8%), Olympus (OCPNF.PK +3.2%), and Panasonic (PC +5%).