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. You couldn't catch one without waving a 10,000-yen note,"The bill was worth around $70 back then and now -- although in the 1980s a greenback could buy a lot more than today.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/uRV6Jvp

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