Nikkei up 1.8 pct on yen, easing inflation worry

Newswire

(Updates to midmorning)

TOKYO, Aug 11 (Reuters) - Japan's Nikkei average rose 1.8 percent on Monday, boosted by Canon Inc and other exporters on a softer yen and easing worries about inflation due to a recent fall in oil prices, which also boosted Wall Street.

All of Japan's top three banks gained on short-covering amid improving investor confidence in the market, said Takahiko Murai, general manager of equities at Nozomi Securities, though gains may be short-lived ...

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