Japan's Nikkei average tops all-time high on earnings optimism

Confidence underpinned by Trump trade deal, governance reforms and valuations

20250812 nikkei panel

Japanese stocks on Aug. 12 surpassed their previous all-time high, helped by the country's trade deal with the U.S. (Photo by Yutaka Miyaguchi)

JADA NAGUMO and LISA KIM

TOKYO -- Japan's main stock benchmark breached its previous all-time closing high on Tuesday, boosted by investor confidence in company earnings following a successful trade deal with the U.S.

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