0012 GMT - Japanese stocks are higher as concerns about U.S. tariffs eased following a U.S.-U.K. trade deal. Electronics, tech and auto stocks are leading gains. A weaker yen is also helping the market. Renesas Electronics is up 3.5%, SoftBank Group is 2.1% higher and Toyota Motor is up 1.9%. USD/JPY is at 145.82, up sharply from 144.23 as of Thursday's Tokyo stock market close. Earnings are in focus, with Kawasaki Heavy Industries and Nippon Telegraph & Telephone scheduled to release their results later in the day. The Nikkei Stock Average is up 1.0% at 37313.78. (kosaku.narioka@wsj.com; @kosakunarioka)
(END) Dow Jones Newswires
May 08, 2025 20:12 ET (00:12 GMT)
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