Japan's Nikkei index surged past 70,000 for the first time as the Bank of Japan raised its short-term policy rate to 1%, the highest in 31 years. The central bank's gradual tightening, coupled with diminished Middle East conflict risks, supported equities. Simultaneously, an Iran-US peace deal boosted sentiment, leading to gains in India's Sensex and Nifty.

Market welcomes lack of hawkish language in BOJ statement

Japan's Nikkei stock index reached an all-time high today. This surge followed the Bank of Japan's widely anticipated interest rate hike. The central bank's decision did not…

Market welcomes lack of hawkish language in central bank's statement

Japan's Nikkei share index hit a new record high for the third day running on Wednesday. The index closed just below the 70,000 mark. Easing Middle East conflict worries and…