Japan stocks and yen weaken; Australia shares rally to record high as miners rise

Japan stocks fell the most among Asian markets Thursday, while Australian stocks hit a record high, helped by a boost from mining shares.was trading at 151.26 against the dollar after falling to 151.97 on Wednesday — its weakest level against the greenback in 34 years.The multi-decade lows of the yen fueled market speculation of a potential government intervention to support the currency.

The investment bank expects the total addressable market for HBM to expand tenfold to $23 billion by 2026, up from just $2.3 billion in 2022.

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Nikkei 225 crosses 41,000 as Japan inflation accelerates in February; other Asia markets open mixedTraders will assess Japan’s inflation numbers, which is the first batch of key economic data after the BOJ made a landmark shift to its monetary policy
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