Tokyo stocks up 2.02% by break

Tokyo stocks were up 2.02 percent on Tuesday morning as the yen weakened against the dollar and euro after the eurozone told Cyprus to drop its controversial levy on smaller bank deposits.

The benchmark Nikkei 225 index, which tumbled 2.71 percent on jitters over Cyprus banking woes Monday, rose 246.55 points to 12,467.18 by the break, while the Topix index of all first-section shares climbed 1.70 percent, or 17.52 points, to 1,045.86.