Unloved for a generation, Japan's equity markets are coming back into favour - and for good reason.
After a decade of shrinking P/E ratios, Japanese equity valuations have stabilised and now appear increasingly compelling. Ruffer: The 'intensely interesting' opportunity in Japan Advances in corporate governance practices, growing earnings and increasing dynamism among business leaders are underpinning improvements in the market's fundamentals. Japan's tight labour market and ongoing reforms of working practices are poised to spur capital expenditure and support wage growth and consumption. Across the country, it is remarkable to see investment in new facilities continues to ...
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