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TOKYO (Reuters) - Almost half of Japanese firms see the prospect of Donald Trump winning a second term as president of the United States as a risk, a Reuters survey showed, as some polls show he is the frontrunner in November's election. Companies ...
Applause rang out across a Tokyo trading room floor on Thursday as Japanese stocks hit their highest level ever, topping a record set during the 1980s bubble economy and long seen as unbreakable.Some 20 traders at brokerage Nomura's Tokyo trading floor were on their feet moments after the midday break, and as the Nikkei share index broke through its all-time record high of 38,957.44, set in December 1989.The board in front of them flashed the new record of 39,029 that the index touched at 12:32 p.m. (0332 GMT). Some clapped while others let out muted cheers alongside a lone "bravo.&...
For Takashi Karube and many Japanese like him, the Tokyo stock rally has been little to cheer about. The Nikkei stock index hit its highest ever on Thursday, surpassing a record set in...
For Takashi Karube and many Japanese like him, the Tokyo stock rally has been little to cheer about. The Nikkei stock index hit its highest ever on Thursday, surpassing a record set in December 1989 and marking a once-unthinkable recovery for a market that spent much of the last three decades mired in malaise. Rather than the flashy spending and bottomless optimism of the bubble years, the 34-year-old Karube, born just two months after the stock market's 1989 peak, grew up with frugality and constant reminders of Japan's declining economic might.
The Nikkei's climb to within striking distance of a record high marks Japanese stocks' long walk out of the investment wilderness as money, momentum and signs of change in corporate Japan put the...