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The Nexus
BUSINESSJun 16 · 08:03 UTCWTOP DCWTOP Staff

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 topping 70,000 before trimming gains after the Bank of Japan raised its key interest rate to 1%. South Korea’s Kospi rose 2.1% to record levels, while Shanghai Composite fell slightly. A U.S.-Iran deal eased oil prices, impacting global markets.

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