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Janus Henderson Bets on Still-Cheap Japanese Financial Stocks
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Market Views: When will a sagging Japanese yen stabilise against the dollar? | Fund Managers
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International Business: Japan s stock market surpasses 1989 peak
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Nikkei parties like it s 1989; scales record high By Reuters
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Japanese stocks raced to a record peak on Thursday, breaking levels last seen in 1989 during the halcyon days of the bubble economy, as cheap valuations and corporate reforms lure foreign money looking for alternatives to battered Chinese markets. "It is hard to overstate the psychological impact to Japanese people of the Nikkei returning, since a generation has never seen that level," said Richard Kaye, a Japan-based portfolio manager at Comgest. The tech-heavy Nasdaq, by comparison, soared 43% last year and is up 6% so far in 2024.