Japan's Nikkei 225 retreated sharply as a surging yen pressured export-heavy conglomerates following the Bank of Japan's latest monetary policy adjustments.

Japan's Nikkei 225 jumped 1.7% in a dynamic session driven by robust buying across semiconductor and technology equipment shares.

Japan's Nikkei 225 dropped 0.5% during trading as profit-taking and global tech headwinds weighed heavily on chipmakers and consumer electronics manufacturers.

Asian benchmark indices traded lower across the board as rising bond yields and renewed caution around interest rate trajectories dampened appetite for risk-sensitive equities.