Japan stocks have ‘more upside’ amid weak yen: BlackRock’s Larry Fink
TOKYO — Japan’s economy seems to have “turned a corner,” and its stock market remains inexpensive versus most of its peers, CEO Larry Fink of BlackRock, the world’s largest asset manager, said Thursday.
With Japan’s currency having weakened to around 150 yen against the dollar, “on a dollar basis, Japanese stocks are very cheap,” Fink told Nikkei and TV Tokyo here.
Source: NIKKIEASIA