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BUSINESSJun 16 · 04:43 UTCWPLG LOCAL 10 MIAMIBy YURI KAGEYAMA, Associated Press

Asian shares are mostly higher and Japan's Nikkei tops 70,000 before BOJ rate hike

Asian shares mostly gained with Japan's Nikkei 225 briefly surpassing 70,000 before trimming gains after the Bank of Japan raised its key interest rate to 1%. The U.S.-Iran deal boosted global markets and oil prices declined, while U.S. AI-related stocks like Micron Technology, AMD, and Nvidia saw significant gains.

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