Japan World-Beating Stocks Seen Repeating Gains in 2014

The 49 percent rally that pushed Japanese stocks past every other developed market in 2013 has done nothing to increase valuations, a sign to the world’s biggest investors that the advance will last.

Yen Rises to Almost Four-Week High on Safety Demand

The yen climbed to the strongest level in almost four weeks against the dollar after a gauge of U.S. manufacturing expanded less than forecast, adding to haven demand and damping bets the Federal Reserve might slow its bond- buying under quantitative easing.