Dell Profit Boosts High Tech Stocks ; Japan

Summary


The Nikkei rose 2.6 per cent on Friday as news that President Bush will outline reforms to help homeowners with subprime mortgages sparked broad-based buying, and Dell's earnings lifted high-tech stocks.

Merger hopes lifted paper stocks after news that Nippon Paper Group Inc, Japan's second-largest paper maker, may consolidate cardboard production with its smaller partner Rengo Co to cut back on excess capacity in a mature market.

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Dell Profit Boosts High Tech Stocks ; Japan

The market was propelled up after the news that Bus...

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