TOKYO — Japan's Nikkei 225 stock index logged a record high close on Tuesday, gaining 2% to 41,580.17.
The Nikkei 225 index also hit a record high last week, propelled skyward by strong buying enthusiasm and gains on Wall Street.
Both foreign and domestic investors have piled into the Japanese market in recent months even as the economy has slowed. Part of the attraction is the weakness of the Japanese yen, which is trading at 34-year lows against the dollar.
More from Star Tribune
More from Star Tribune
More from Star Tribune
More from Star Tribune
More from Star Tribune
More from Star Tribune
More from Star Tribune
More From Star Tribune
More From Business
Business
Troubled Boeing stays close to the ground at a major UK air show
European planemaker Airbus plans to show off its newest passenger jet with daily flight demonstrations during one of the world's biggest aviation trade fairs. But an ongoing safety and manufacturing crisis has rival Boeing keeping a lower profile at the Farnborough International Air Show.
Business
Stock market today: Global shares are mixed after Biden withdraws from the 2024 race
European markets opened with gains Monday after President Joe Biden exited the 2024 race, while Asian shares mostly fell.
Business
EPA awards $4.3 billion to fund projects in 30 states to reduce climate pollution
The Environmental Protection Agency is awarding $4.3 billion in grants to fund projects in 30 states to reduce climate pollution. The money will go to 25 projects targeting greenhouse gas emissions from transportation, electric power, commercial and residential buildings, industry, agriculture and waste and materials management.
Business
China's central bank cuts interest rates, moving to put more pep into the economy
China's central bank cut key interest rates in a surprise move Monday aimed at injecting new life into its ailing property sector, while the ruling Communist Party released details of a top-level meeting focused on strategies for revving up the slowing economy.
Business
What to stream this week: Ice Spice, Ghostbusters, Bob Marley, Wayne Brady and new 'Futurama'
The long-awaited debut album from Ice Spice and the movie ''Ghostbusters: Frozen Empire'' with new and old franchise stars are some of the new television, films, music and games headed to a device near you.