Longest Streak in 14 Years | |
Aug. 29 (Bloomberg) -- Japanese stocks rose, with the Topix index completing its fifth month of gains, the longest winning streak since the start of the nation's 14-year economic slump. ``It's a worldwide recovery and it's happening in the U.S. and Japan, so Japan is the market you want be playing,'' said Angelo Corbetta, who helps manage the equivalent of $120 billion globally as the Singapore-based head of Far East investments at Pioneer Investment Management Ltd. Computer-related stocks accounted for almost two-fifths of the Topix's gain as the government forecasts industrial production to accelerate this month because of faster growth in the U.S., Japan's biggest overseas market. |
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