( ) -q-22- UNDATED (Correspondent Jeremy House) “post-war economic boom.” Japan’s benchmark Nikkei 225 index has surged past the record it set in 1989 before its financial bubble burst, ushering in an era of faltering growth. [CutID: <Cuts> JAPAN-NIKKEI-house-q-THUam.mp3 Time: 22s Title: JAPAN-NIKKEI-house-q-THUam Out-cue: post-war economic boom] TAG: Correspondent Jeremy House reporting. Stock prices have […]
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Japan’s Nikkei stock index breaks its 1989 record, hits all-time high
( ) -q-22- UNDATED (Correspondent Jeremy House) “post-war economic boom.”
Japan’s benchmark Nikkei 225 index has surged past the record it set in 1989 before its financial bubble burst, ushering in an era of faltering growth.
[CutID: <Cuts> JAPAN-NIKKEI-house-q-THUam.mp3
Time: 22s
Title: JAPAN-NIKKEI-house-q-THUam
Out-cue: post-war economic boom]
TAG: Correspondent Jeremy House reporting. Stock prices have been rising in recent months, even as the economy slipped into recession. Foreign investors, who account for a large share of trading volume, plunged in seeking bargains thanks to the yen’s weakness against the U.S. dollar.
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VERBATIM: The index closed Thursday at over 39-thousand, up 2.2%. It had been hovering for weeks near 34-year highs. The Nikkei 225’s previous record was 38,916, set on December 29, 1989. That’s more than a generation ago, at the height of Japan’s post-war economic boom.