Japan's Nikkei rises to record high as financials and heavyweights climb

Japan's Nikkei hit 41,889.16 amid a financial stock rally. Fast Retailing, SoftBank Group rose; Tokyo Electron recovered. Financials led as the Bank of Japan met during political uncertainty. Analysts see July earnings boosting equities despite bond yield risks. The Nikkei closed at 41,831.99, Topix at 2,909.20. Insurance firms rose 3.5%, Kokusai Electric fell 7.2%, Recruit Holdings up 3.