Japan’s Nikkei share gauge experienced a decline for the third consecutive session on Monday, as chip-related shares persisted in their downward trend, while energy-linked shares saw an uptick due to rising oil prices. The benchmark Nikkei 225 slid 0.80% to close at 62,189.65, marking its lowest closing level since July 30. The broader Topix edged Read More
Asian chip stocks experienced an uptick on Friday following the announcement of a trade agreement between the U.S. and Taiwan, propelling both the island’s market and South Korea’s index to unprecedented levels. Under the agreement, Taiwanese semiconductor companies committed to invest at least $250 billion in U.S. production capacity in exchange for reduced “reciprocal” tariffs. Read More
