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Japanese Stocks Rise on Tech Rally and Yen Support Hopes

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Japanese shares opened higher Tuesday, tracking Wall Street's technology-led gains as investors weighed the impact of recent yen-buying intervention by the U.S. and Japanese authorities.

The Nikkei rose 240.4 points or 0.4% to 63,995.28 at the open.

Treasury Secretary Scott Bessent, in his social media post on Monday, publicly urged the Federal Reserve to expand a dollar-access facility that Japan can tap for currency support.

Japan on Monday confirmed it intervened in the currency market on Friday and will utilize the Fed's Foreign and International Monetary Authorities or FIMA facility going forward, according to a statement by Finance Minister Satsuki Katayama.

Meanwhile, Brent crude inched up to about $84 after U.S. President Donald Trump described ongoing talks with Iran as a "last chance" following a cancelled military strike.

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