Asian markets today: Japan's Nikkei surges to 70,000 mark for the first time after BoJ rate hike

Japan's benchmark Nikkei index surged past the 70,000 mark for the first time, setting a new all-time high. The rally came after the Bank of Japan announced a widely anticipated interest rate increase and signalled that any further monetary tightening would be implemented gradually, easing fears of aggressive policy action.