"Japan's Nikkei Hits 34-Year Record High, Surpassing 1989 Peak"
Japan's stock market reached a record high for the first time in 34 years, driven by strong gains in semiconductor stocks and a weaker yen benefiting exporters. The Nikkei index closed at 39,098.68 points, up 2.2%, and has been on a strong upward trend due to robust corporate earnings, currency dynamics, and foreign investor interest. The rally is also supported by optimism around corporate governance reforms and foreign inflows, with Japanese technology companies showing promise amid growing demand for AI.