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Nikkei 16,000!

Pedestrians walk in front of a quotation board displaying the Nikkei key index of the Tokyo Stock Exchange in Tokyo on December 18, 2013. The Nikkei closed about 16,000 for the first time in 6 years yesterday.

Japan's stock market is on a tear, with the Nikkei closing above 16,000 for the first time since 2007. The news comes after the Bank of Japan's campaign of monetary easing, and Prime Minister Shinzo Abe's aggressive attempts to revive the Japanese economy. The BBC's Rupert Wingfield-Hayes has the latest on the story. Click the audio player above to hear more.

About the author

Rupert Wingfield-Hayes is a reporter with the BBC based in Japan.

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