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Tokyo shares jump on cheaper yen, Asian shares

Tokyo shares finished higher on Tuesday, lifted by a cheaper yen as well as healthy gains across Asian markets as Chinese and US negotiators prepare to hold trade talks.

The benchmark Nikkei 225 index added 0.99 percent, or 212.53 points, to 21,587.78, while the broader Topix index rose 0.87 percent, or 13.75 points, to 1,586.50.

"Despite overnight falls on (Wall Street), investors welcomed the latest foreign exchange trend showing a break from the yen's recent appreciation, with the dollar standing at the 107-yen level," Okasan Online Securities said.

The US currency bought 107.39 yen, from 107.29 yen in New York and well up from 106.87 yen seen on Monday in Tokyo.

Gains on other Asian markets also helped fuel optimism in Tokyo.

"The market firmed further on the back of the solid performance of the Shanghai market," Okasan said.

"The Tokyo market enjoyed a further lift after the Hong Kong market (gave up earlier losses and) rose into positive territory," the brokerage added.

Eyes are now on the resumption of talks in Washington on Thursday between the world's top two economies on resolving their long-running trade row.

Japan's household spending in August increased 1.0 percent from a year earlier, the ninth consecutive monthly rise, according to the internal affairs ministry data released before the opening bell.

However, separate data from the labour ministry showed salaries in August slipped for the eighth consecutive month.

Among major shares, Uniqlo-operator Fast Retailing added 1.17 percent to 61,160 yen, tech investor SoftBank Group added 0.82 percent to 4,191 yen and Toyota firmed 1.45 percent to 7,087 yen.

Mitsubishi UFJ Financial Group rose 0.49 percent to 535.4 yen.