06 August 2018

Japan Pips China To Become World's 2nd Largest Stock Market

Japan Pips China To Become World's 2nd Largest Stock Market


Japan has pipped China as the world's number two stock market, according to a Bloomberg report. At one of the time, the Chinese market was worth $6.09 trillion next to Japan's $6.17 trillion. 

Both markets are ranked after the US which is the world's largest at just over $31 trillion. China lost to Japan after Chinese stocks and currency fell this year amid a trade spat with the US. 

Source- Business Today

Static/Current Takeaways Important for Indian Bank PO Exam 2018- 
  • Japan Capital- Tokyo, Currency- Japanese yen, PM- Shinzo Abe. 

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