"Nikkei Index Surges to Record High Amid Yen Volatility"

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Source: CNBC
"Nikkei Index Surges to Record High Amid Yen Volatility"
Photo: CNBC
TL;DR Summary

Japan's Nikkei 225 briefly surpassed 38,000 for the first time since 1990, rallying 3% and nearing all-time highs, while other Asia-Pacific markets also rose. India's weightage on MSCI Global Standard index reached a record high, and Japan's corporate goods price index rose 0.2% in January. Otsuka Holdings' stock plunged over 10% after its Alzheimer drug failed trials, while SoftBank's shares rose 10% as Arm's rally continued. Additionally, Japan's corporate inflation rate rose 0.2% in January, and Bitcoin touched $50,000 for the first time in over two years.

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