Japan's Nikkei jumps 3.4 pct as Bear panic recedes

Newswire

(Updates to midmorning) TOKYO, March 19 (Reuters) - Japan's Nikkei share average jumped 3.4 percent on Wednesday, tracking steep gains on Wall Street after solid results from two top investment banks soothed investors spooked by Bear Stearns' sudden downfall. An overnight gain by the dollar also helped exporters, with digital camera maker Canon Inc rising more than 6 percent and Honda Motor Co Ltd up nearly 6 percent. Still, gains are seen likely to be limited ahead of a national ...

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