Japan's shares rise amid tax on bank accounts in Cyprus

Note: This section contains information in English only.
Source: Bloomberg

Japanese shares advanced on Tuesday led by the Topix Index bouncing off its biggest decrease since May 2012 amid speculations that yesterday's drop was excessive and as concerns of bank runs in Cyprus after a levy put on the country's deposit holders dragged the European shares down. The Topix added 1.7% to 1,045.89 on Tuesday and it has gained 45% since November 14.


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