Japan's Nikkei closes at record high near 70,000 on AI boost

Japan's Nikkei share index hit a new record high for the third day running on Wednesday. The index closed just below the 70,000 mark. Easing Middle East conflict worries and strong buying in AI stocks boosted the market. Investors are also awaiting the US Federal Reserve's policy decision. Oil prices saw a decline as a US-Iran deal emerged.