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Nikkei Index Rises, Boosted by Gains in Technology Stocks

Tokyo: Japan's Nikkei index rose on Wednesday, snapping a four-day losing streak, as shares of technology companies expected to participate in a $550 billion Japanese-funded investment project in the United States climbed. According to Yemen News Agency, the Nikkei index rose 1 percent to 57,131.89 points, while the broader Topix index gained 1.35 percent to 3,812.39 points. The administration of US President Donald Trump announced three Japanese-funded projects worth $36 billion on Tuesday: an oil export facility in Texas, a synthetic diamond factory in Georgia, and a natural gas-fired power plant in Ohio.