Japan’s main stock market index has climbed past its all-time high after a 34-year wait, exceeding the record level reached during the country’s late-1980s.
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(Bloomberg) Asian stocks dropped by the most in over a month as hawkish remarks by U.S. Federal Reserve Chairman Jerome Powell sparked selling in the region’s technology giants.
The MSCI Asia Pacific Index fell as much as 2%, with Alibaba Group Holding Ltd. and Sony Group Corp.