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"" Japanese stocks soared overnight, while a weaker yen boosted exporter shares, prompting the benchmark Nikkei 225 index (NKY:IND) to cross 35,000 points for the first time since the economic bubble over 30 years ago. Ayako Sera, market strategist at Sumitomo Mitsui Trust Bank, noted that Japanese stocks have been cheap for a long time due to corporate governance reforms and Warren Buffett's bets on trading houses have helped to lift sentiment. While traders continue to expect growth to return to the Japanese economy after years of deflation and tighter monetary policy, weaker wage data capped bets of the Bank of Japan raising interest rates soon. (2 comments) "" From the wall st j.
