Nikkei 225 Closes at Fresh Record as Yen Weakness Reignites Bank Rally
Mitsubishi UFJ and SMFG led financials higher after the dollar-yen rate touched 158.
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Changpeng Wan covers Asia tech, semiconductors, and the AI hardware supply chain. He was previously a research analyst at Macquarie covering Greater China tech.

Mitsubishi UFJ and SMFG led financials higher after the dollar-yen rate touched 158.

The cartel's June rollover extends the 2.2 mb/d voluntary cut through Q4.

Memory cycle inflection: Samsung raised its HBM4 ASP guide by 18%.

HBM unit shipments will outpace DRAM by 4.6x in 2026, per TrendForce.

LME 3-month copper spread touched a USD 220 backwardation on Tuesday.

The 1.84 million NEV unit print is the strongest monthly total on record.