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Journalism of Courage
Japan8217;s Nikkei climbed 1.4 per cent on Monday for the benchmark8217;s biggest one-day gain in a week,but market players said further rises would be held in check by the yen8217;s continued strength against the dollar.
Shares of consumer lenders plunged after media said struggling Takefuji Corp is making final preparations to file for bankruptcy protection from creditors,crippled by the reimbursement of overcharged interest.
The benchmark Nikkei gained 131.47 points to 9,603.14,its highest since Sept. 17. The broader Topix rose 1.3 per cent to 849.30.
