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

Credit: IndiaTimes- Published on February 22, 2024
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. You couldn't catch one without waving a 10,000-yen note,"The bill was worth around $70 back then and now -- although in...

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