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Asian Markets Slip as Tech Sell-Off and U.S. Policy Anxiety Weigh on Sentiment

Asian Markets Slip as Tech Sell-Off and U.S. Policy Anxiety Weigh on Sentiment
Asian equities declined on August 20, mirroring a broader global dip after U.S. tech stocks slumped amid concerns over greater regulatory intervention and strategic equity deals with chip firms under the CHIPS Act. Japans Nikkei and Chinas CSI300 both fell, while Hong Kongs Hang Seng also softened. Investors are now bracing for cues from the upcoming Jackson Hole symposium for insights on U.S. interest rate directions.

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