Kioxia overtakes Toyota as Japan's largest company by market value, marking a shift in the country's corporate landscape.
Memory chipmaker Kioxia has replaced Toyota to become Japan's largest company by market value.
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Nikkei surges over 4% on Wall Street gains fueled by hopes for end to Iran war, Kyodo reports.
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Japan's Nikkei 225 surges 4% intraday to 66,793.33 points, extending gains in a broad rally.
The Nikkei 225 rose 4.00% intraday, hitting 66,793.33 points.
South Korea's KOSPI surges 8% as Samsung Electronics jumps 11% and SK Hynix gains 8% in broad market rally.
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Brent and WTI crude oil futures extended losses, falling 4%.
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