Asian stocks have mostly gained and Japan's benchmark Nikkei 225 briefly topped 70,000 for the first time before trimming early gains after the Bank of Japan raised its key interest rate to one per cent.
The quarter percentage point hike took the benchmark rate to its highest level in three decades.
Japan's Nikkei 225 rose 0.1 per cent to finish at 69,404.50, while South Korea's Kospi moved further into record territory, rising 2.1 per cent to 8,726.60.
