Feb 22, 2024 01:18 EST
Stocks in Japan rose to a record high on Thursday, surpassing a level last seen 34 years ago when the country was at the peak of its economic ascendancy, before it sank into decades of low growth.
Thousands of companies, concerned that Germany is facing a recession, are calling for an end to political infighting that has blocked a possible stimulus plan.
War, high interest rates and slowdowns in major trade partners are trimming tax revenue and forcing the government in Paris to scale back.
A shift in investors’ outlook for Japan has encouraged a flurry of cash into the country’s markets.
In Japan, Stocks Surpass Peak Set in 1989