Yen Hits 34-Year Low as Asia Markets Mixed; China Profits Rise Despite Slowing Inflation
- Japanese yen fell to 34-year low against US dollar, hitting 151.97
- Asia-Pacific markets mixed; China CSI 300 down 0.3%, Hong Kong's Hang Seng dropped 1.5%
- Australia consumer inflation rose 3.4% in February, held at 2-year low
- China's industrial profits for Jan & Feb climbed 10.2% year-on-year
- Bank of Japan board member says central bank must normalize policy "slowly but steadily"