0019 GMT - Japanese stocks are higher following Friday's selloffs and as concerns about borrowing costs have ebbed for now. Financial and auto stocks are leading the gains. Nomura Holdings is up 3.2% and Toyota Motor is 2.2% higher. USD/JPY is at 150.67, up from 150.03 as of Friday's Tokyo stock market close. Investors are focusing on any developments over U.S. trade and foreign policies and their implications for Japanese businesses. The Nikkei Stock Average is up 0.8% at 37459.81, following the index's biggest percentage drop in five months on Friday. (kosaku.narioka@wsj.com; @kosakunarioka)
(END) Dow Jones Newswires
March 02, 2025 19:19 ET (00:19 GMT)
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