Trump Moves Japan Stocks, This Time in a Good Way
- Yen weakens, pushing up exporters ahead of Trump-Abe meeting
- Tax cut news giving investors ‘reason to come back’: Fukoku
Why Markets Seem to See Constructive Trump, Abe Meet
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Donald Trump is moving Japanese stocks again, this time in a good way. And exporters are reaping the benefits.
The U.S. president’s comment Thursday that a “phenomenal” overhaul of business taxes will come within weeks sent the dollar surging against the yen, helping shares in Tokyo rise the most since Jan. 4 to erase a weekly decline.