Global investors are betting that Japan is on course to pull out of its long economic slump, reflecting hopes that growth is accelerating world-wide and sending stocks to multiyear highs. Japan’s economy, the world’s third-largest, grew at its fastest pace in two years in the second quarter and is on its longest expansion streak in more than a decade, spurred by its central bank’s ultraloose monetary policy and a nascent recovery around the globe. Business and consumer spending has rebounded, a weaker currency has made...

Source: Wall Street Journal October 02, 2017 10:30 UTC