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Nikkei 16,000!

Japan's Nikkei stock index closed about 16,000 for the first time since 2007.

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.

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