Japan's Nikkei average closes at all-time high after BOJ policy shift

Dovish stance of U.S. Fed encourages investors to buy risk assets

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In the last three business days, the Nikkei Stock Average has risen more than 2,000 points, suggesting short-term investors are jumping back into the market.  (Photo by Rie Ishii)

YOSHIKAZU IMAHORI, Nikkei staff writer

TOKYO -- Japan's benchmark Nikkei Stock Average hit an all-time high Thursday, as investors snapped up risk assets following dovish remarks by the U.S. Federal Reserve.

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