Asia’s top market Japan’s on track to end 202
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Posted On: 12/29/2023 5:13:24 AM
Asia’s top market
Japan’s on track to end 2023 as Asia’s best-performing market, with the country’s Nikkei 225 jumping close to 28% year to date. It’s now at its highest level since 1989, when Japan witnessed a real estate and equity bubble. This time, however, things look structurally different. There’s corporate reform in the stock market, foreign investment’s increasing and Japanese real wages are growing.
Japan’s on track to end 2023 as Asia’s best-performing market, with the country’s Nikkei 225 jumping close to 28% year to date. It’s now at its highest level since 1989, when Japan witnessed a real estate and equity bubble. This time, however, things look structurally different. There’s corporate reform in the stock market, foreign investment’s increasing and Japanese real wages are growing.
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