BUSINESS

Tokyo Stocks Up By Break, Softbank Plunges On Arm Buy.

Tokyo stocks rose today morning as some exporters got a lift and after Wall Street powered to record highs, but Softbank plunged as investors baulked at its $32 billion purchase of Iphone chip designer arm holdings.

The benchmark Nikkei 225 index climbed 0.47 percent to 16,576.17 points by break, while the broader TOPIX index of all first-section shares gained 0.32 percent to 1,321.38 points.

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