Japan’s retail and tourism-related shares gained after the government agreed with China to introduce more measures to promote travel between the two countries.
Department store operator J. Front Retailing Co., which also got a boost from better-than-expected earnings, jumped as much as 6.9% to lead the Nikkei 225 Stock Average higher. Peers Isetan Mitsukoshi Holdings Ltd. and Takashimaya Co. also climbed, while Tokyo Disney Resort operator Oriental Land Co. advanced as much as 2.5%.
