Stocks could surpass a level not seen since 2007 if the Abe administration pushes through in its drive to loosen business regulations, said Heizo Takenaka, a member of a government council on special economic zones.
¡°Stocks have surged considerably, but they can still improve if policies are implemented properly,¡± Takenaka, 62, said in an interview Wednesday.
The Nikkei 225 stock average ¡°could easily exceed 18,000 in light of Japan¡¯s economic strength,¡± he said.
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