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Japan share market inclined on Tuesday, 14 August 2018, as investors chased for bottom fishing after touching a one-month low in the previous session. Risk appetite buying improved on yen depreciation against greenback and as worries about economic crisis in Turkey calmed after the country's central bank took measures to boost liquidity in the foreign exchange market. Market gains were, however, limited due to negative cues from Wall Street overnight and after China's retail sales, industrial production and fixed asset investment rose less than expected in July. All TSE33 issues inclined, with shares of Warehousing & Harbor Transportation Services, Information & Communication, Precision Instruments, Electric Power & Gas, Land Transportation, Air Transportation, and Real Estate issues being notable gainers. Around afternoon, the benchmark Nikkei 225 index inclined 1.8%, or 394.34 points, to 22,251.77. The broader Topix index of all First Section issues on the Tokyo Stock Exchange rose 1.27%, or 21.36 points, to 1,704.86.

Retail sales in China jumped 8.8% on year in July, down from 9.0% in June, the National Bureau of Statistics said on Tuesday. The bureau also noted that industrial production advanced an annual 6.0% - unchanged from a month earlier. Also, fixed asset investment was up 5.5% on year, unchanged from the previous month.

Shares of major exporters inclined on a weaker yen. Among exporters, Mitsubishi Electric, Honda, Toyota , Canon Inc, Panasonic Corp, and Sony Corp inclined in a range of 0.2-1%.

Softbank shares rose as much as 4% after reports that the company is in talks to invest up to $750 million in Zume Inc., a startup that makes fresh pizzas with the aid of robots.

CURRENCY NEWS: The Japanese yen depreciated to upper 110 yen zone against U.S. dollar on Tuesday, as demand for safe haven dimmed after the Turkey central bank took measures to boost liquidity in the foreign exchange market.

OFFSHORE MARKET NEWS, US stock market closed down on Monday, due to lingering concerns about the Turkish economy. The Dow Jones Industrial Average slid 125.44 points or 0.5% to 25,187.70, the Nasdaq fell 19.40 points or 0.3% to 7,819.71 and the S&P 500 dropped 11.35 points or 0.4% to 2,821.93.

The major European markets also closed down on Monday. The French CAC 40 Index closed just below the unchanged line, the U.K.'s FTSE 100 Index fell by 0.3% and the German DAX Index dropped by 0.5%.

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