Japan’s Nikkei extends gains as softer yen lifts exporters

The Nikkei share gauge in Japan extended gains for a second session due to a weaker yen, benefiting exporters. The Nikkei rose 0.12% to close at 33,234.14. Meanwhile, the broader Topix index slipped 0.1% to 2,296.25. Despite profit-taking by some investors, shares of Nissan Motor and Suzuki Motor surged as the yen’s slide boosted the value of their overseas sales. SoftBank Group also climbed after its telecom unit announced plans to invest in developing artificial intelligence. The yen’s depreciation has resulted in profits for businesses operating outside the country.