Tokyo stocks close higher

Tokyo shares closed higher Thursday, trailing gains on Wall Street and rebounding from sharp losses the previous day on worries about US inflation.

The benchmark Nikkei 225 index added 0.21 per cent, or 57.29 points, to 27,875.91, while the broader Topix index ended up 0.15 per cent, or 2.97 points, at 1,950.43.

The US market provided cues, after investors there bought back shares following Tuesday's sell-offs on higher-than-expected US inflation data.

Still, investors in Tokyo were cautious about the accelerating of future US rate hikes, as Fed officials reiterated their resolve to fight inflation even at the risk of causing some economic pain, Mizuho Securities said in a note.