As China's markets stumble, Japan rises toward record [Globe and Mail, The (Toronto, Canada)]
JAPAN EXCH GRP UNSP/ADR (JPXGY)
NASDAQ:AMEX Investor Relations:
jpx.co.jp/english/corporate/investor-relations
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Source: Globe and Mail, The
Japan's stock market, overlooked by investors for decades, is making a furious comeback. The benchmark Nikkei 225 index is edging closer to the record it set Dec. 29, 1989, which effectively marked the peak of Japan's economic ascendancy before a collapse that led to decades of low growth. China, long an impossible-to-ignore market, has been spiraling downward. Stocks in China recently touched lows not seen since a rout in 2015, and Hong Kong's Hang Seng Index was the worst-performing major market in the world last year. Stocks stemmed their slide only when Beijing recently signaled its intention to intervene but remain far below previous highs. This year was set to be a tumultuous one for global markets, with unpredictable swings as economic fortunes diverge and voters in more than 50 countries go to the polls. But there's one unforeseen reversal already underway: a change in perception among investors about China and Japan. Seizing on this shift, Japanese Prime Minister Fumio
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