Japan's Nikkei share average jumped 2.8 percent on Wednesday, tracking steep gains on Wall Street after solid results from two top investment banks soothed investor nerves after Bear Stearns' sudden downfall.
The dollar's overnight gains also helped exporters, with digital camera maker Canon Inc rising more than 7 percent and Honda Motor Co Ltd up nearly 6 percent.
The benchmark Nikkei ended the morning session up 328.57 points at 12,292.73 after rising as high as 12,374.75. The broader TOPIX was up 3 percent at 1,198.67.
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