Japan Emerges from Lost Decades as Economy Picks Up Steam

• Japan's central bank raised interest rates above 0% for the first time in 17 years, signaling an end to the country's economic slump.

• Wage growth and inflation have picked up after years of stagnation, indicating a "virtuous cycle" between wages and prices.

• Stock markets have surpassed pre-bubble economy highs from 1989. More young people are taking risks and joining startups.

• Companies like TSMC are investing in Japan again. The country is attracting more immigrants to address labor shortages.

• An aging population remains a challenge, but automation and encouraging more women and seniors to work could expand the labor force.