Tokyo stocks end at new 33-yr highs as U.S. rate hike skip eyed

Tokyo stocks rose for the fourth straight day renewing 33-year highs Wednesday, boosted by the view that the U.S. Federal Reserve will skip an interest rate hike and speculation that Japanese Prime Minister Fumio Kishida will call for a snap election soon.The 225-issue Nikkei Stock Average ended up 483.77 points, or 1.47 percent, from Tuesday at 33,502.42, its highest close since March 9, 1990, when Japan was experiencing an asset price bubble.The broader Topix index finished 29.74 points, or 1.31 percent, higher at 2,294.53, its highest close since July 25, 1990.Gainers were led by transpo…READ FULL ARTICLE