Japan's Stock Market Surges Amidst G-7 Meeting and Investor Interest

Japan stocks surge to highest levels since 1990 as the Nikkei 225 rose 0.86% and the Topix climbed 0.33%, marking its sixth winning streak. Japan's core inflation in April rose 3.4% year-on-year, maintaining levels above the central bank's target. The United States and Taiwan reached an agreement on a number of trade items, marking a deal on the first part of the bilateral "21st Century Trade" initiative. Bank of America has named a number of European stocks that are expected to perform well across three economic phases. Cybersecurity is one area that presents an opportunity for investors right now, according to portfolio manager Philip Ripman of Storebrand Asset Management.