Japan's Nikkei scales record peak on Mideast, AI optimism

Japan's Nikkei scales record peak on Mideast, AI optimism

The Star Online - Business·2026-05-29 19:00

TOKYO: Japan's Nikkei share average rose to a record high on Friday, powered by renewed optimism for a near-term peace deal in the Middle East and enthusiasm about AI shares after strong earnings from Dell Technologies.

The Nikkei notched a lifetime-high close by climbing 2.5% to 66,329.50, and also marked an all-time intraday peak at 66,505.02.

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