THIS has been a monumental year for Japan.
For the first time in 17 years, the Bank of Japan (BOJ) raised its key interest rate from minus 0.1 per cent to between 0 and 0.1 per cent, closing the chapter on its negative-interest-rate policy.
At the same time, the Japanese equity market has continued its record-setting streak. On Mar 22, the Nikkei 225 Index closed at a new all-time high of 40,888.43, surpassing its previous peak of 38,915.87 in December 1989.
Members of the iFast Research Team are among the optimists who believe in Japan’s resurgence. We have been bullish on the market since the second half of 2022, encouraged by robust corporate earnings, driven by strong pricing power and a...
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