Japan's record-high stocks kick corporate reform race into high gear
TOKYO -- The market rejoiced as the Nikkei Stock Average surpassed Thursday the all-time high it had reached at the height of Japan's asset bubble in December 1989.
As pundits ponder what has changed during the long 34-year wait -- often described as the "lost" decades -- it is clear that this market milestone marks not a goal itself, but a new beginning.