"Japan's Nikkei Hits Record High, Defying Decades-Long Stagnation"
TL;DR Summary
Japan's Nikkei 225 index has surged past its 1989 record, closing at 39,098.68, marking a return to levels not seen in 34 years. Despite the economy being in recession, record gains in corporate earnings and improved governance have attracted foreign investors, leading to an 18% increase in the index this year. The market's resurgence comes after years of struggle following the burst of Japan's financial bubble in the early 1990s.
- Japan's Stock Market Surges Back to Where It Was in 1989 Newser
- Japan’s Nikkei Hits Record High, Surpassing 1989 Peak The New York Times
- Record-High Nikkei's Rise Just Getting Started on Foreign Demand Bloomberg
- Japan’s Market Finally Hit New Record. Why It May Not Be Too Late to Get In. Barron's
- Japanese Stocks Look Different—and Better—Than in the 1980s The Wall Street Journal
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
1 min
vs 2 min read
Condensed
77%
310 → 70 words
Want the full story? Read the original article
Read on Newser