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Nikkei parties like it’s 1989; scales record high

By Inquirer - 9 months ago
SINGAPORE — 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. The Nikkei share average rose about 2% to 39,000 points, above the previous intraday

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