Financial security, not fine art, helps drive Japan stocks to record high

Before Japan’s asset bubble catastrophically burst in the early 1990s, stockbroker Ryuta Otsuka remembers waving a 10,000-yen note to hail a taxi after evenings sipping champagne at high-end Tokyo nightclubs. Some 35 years on, the Nikkei 225 on Thursday finally clawed its way back above its bubble-era record, but this time many ordinary investors are […]

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