CNBC Daily Open: A new dawn for Japan

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CNBC Daily Open: A new dawn for Japan
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Japan's Nikkei 225 and Topix have been continuing to climb after breaching 33-year highs in late May, thanks to three factors pushing them up.

that he had bought five Japanese trading houses. While Buffett's influence over investor interest in Japan cannot be measured directly, his comments were arguably the catalyst. Japanese indexes began climbing about two weeks after Buffett's remarks, no doubt helped by his description of being "confounded" by the opportunity to buy the companies at "a ridiculous price."

Speaking of ridiculous prices, Japan, like other countries globally, has been grappling with unruly prices. But Japan is trying to get inflation to

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