China's consumer price index for January slipped more than expected, falling 0.8% year-on-year, compared to expectations of -0.5%.
Japan's benchmark Nikkei 225 hit a new 34-year high Thursday, rising 1.71% to 36,738.42. The index surpassed its Jan. 22 high of 36,546.
95 hit and comes after Bank of Japan's deputy governor Shinichi Uchida said the BOJ was 'unlikely to raise interest rates aggressively, even after ending its negative interest rate policy,' according to Reuters. The BOJ's benchmark interest rate currently stands at -0.1%. The bank has said it would not raise rates until it sees inflation sustaining at BOJ's target of 2%. .
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