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Tokyo stocks soar in morning as Yellen speech hits yen
Imaduddin
29 Aug, 2016
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Copyright AFP (Agence France-Presse), 2016
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![](https://i.brecorder.com/images/2016/08/stock1-asia3-aug.jpg">TOKYO: Tokyo stocks rallied Monday morning after Federal Reserve chief Janet Yellen hinted that US interest rates could rise before the end of the year, sending the yen lower and boosting exporters.</P><P>Sony, Toyota and Nissan were among the gainers as traders cheered her view that the US economy is likely strong enough to absorb a hike, possibly before year's end.</P><P>On Friday, Yellen told the Jackson Hole symposium of global central bankers that the case for a rate increase had )
