Not since the Berlin Wall fell has the Nikkei been this high, says William Pesek in Nikkei Asia. Japan’s Nikkei 225 stock index has finally surpassed its December 1989 record peak, breaking through the 39,000-point barrier late last week. Long cited as a “cautionary tale”, the land of the rising sun is suddenly in vogue as an “investment hotspot”.
The Nikkei hits new highs
Much has changed in the 34 years since the Nikkei last traded at these levels, says Eir Nolsøe in The Telegraph. Back in 1989, Japan was feeling hubristic. Its leading tech