Global Market: Nikkei gains 1% as AI, chip stocks rally; BOJ hikes rates
· economictimes.indiatimes.com
The Bank of Japan raised its policy rate to a 31-year high of 1.25% to contain inflation risks. Japanese technology stocks rallied as easing crude prices supported sentiment, with SoftBank, Advantest and Tokyo Electron posting strong gains.
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Nintendo and Konami each fell about 2%.
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