Japan's Nikkei share average retreated from a 34-year high on Wednesday, weighed by Wall Street's sharp declines overnight, however, a weaker yen and hot investor demand are expected to push the benchmark back toward fresh peaks in the near-term.
The index had climbed to 38,010.69 in the previous session, not far from the record intraday high of 38,957.44 in December 1989 and closed at its highest since January 1990. The Nikkei has risen 12.7% so far this year.
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