Tech leads Asia stock selloff, yen gains in volatile week for markets

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TOKYO : Tech shares led a selloff in stock markets around Asia, while the yen and U.S.bonds rebounded, as global investors struggled to find their footing in a wild week for markets.

Japan's Nikkei share average was last down 1 per cent, having earlier slumped as much as 2.

MSCI's broadest index of Asia-Pacific shares declined 0.8 per cent.

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Article Details

Category: EconomyBusiness

Markets: SingaporeHong KongJapanTaiwan

Topics: Japan Last Cent Crude Tokyo Week Index Dollar Futures Stock Shares

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-08 @ 10:14:47 (4 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 558 words

Reading Time: 4 minutes read

Sentences: 22 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 21976166

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About Channel News Asia

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 53 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 47 minutes ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #27

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