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Japan's Nikkei hits 1990 high on weak yen, US optimism; SoftBank surges

SoftBank Group jumped more than 8% as shares of Japanese chip-related companies continued to outperform amid the AI euphoria that also propelled Wall Street peers. The Nikkei surged as high as 31,560.43 within the first 10 minutes of trading, although gains were capped over the course of the day as the index closed up 1.03% at 31,233.54. ....

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Bank of Japan stuns markets with yield control policy change

The Bank of Japan (BOJ) made a surprise decision to allow the 10-year bond yield to move 50 basis points either side of its 0 per cent target, wider than the pr ....

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