Posted 3/28/2024, 12:08:18 AM
Japanese Stocks Plunge to Lead Asian Losses While Australia Hits Record High
- Japan stocks fell the most among Asian markets Thursday, while Australian stocks hit a record high helped by mining shares
- The Japanese yen hit 34-year lows against the dollar, fueling speculation of potential intervention
- Bilibili led a jump in Hong Kong tech stocks, with the Hang Seng tech index rising 2.6%
- An strategist said Japan is "very, very close" to intervening in the weakening yen
- Australian retail sales rose a modest 0.3% in February, below expectations