By Elliot Gulliver-Needham The Japanese stock market reached a 34-year high last month, and investors in the Asian market are getting the best news they’ve heard in decades. The Japanese Nikkei 225 has risen 42.5 per cent over the last year, compared to the 1.2 per cent growth in the FTSE 100 over the same period. Last month, the Nikkei index even surpassed its previous all-time high of 38,915.87, set in December 1989. While it has since fallen slightly below that, it remained above the 40,000 mark for most of last week. The two key catalysts for this surge have been a range of significant gov…