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FinanceAsian shares drop on chip losses, dollar edges higher
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Asian equities declined on July 6, 2026, led by losses in semiconductor stocks, as MSCI's Asia Pacific equities gauge fell 0.4% and a regional semiconductor benchmark dropped 1.6%. South Korea's Kospi Index was the biggest decliner, falling 2.4%. The US dollar strengthened against regional currencies. The moves came amid a broader risk-off sentiment in global markets, with US stock futures also paring earlier gains. The report from The Business Times Singapore highlights ongoing volatility in Asian tech stocks and currency markets.
Source report
MSCI's Asia Pacific equities gauge slipped 0.4%, with a regional semiconductor benchmark down 1.6%.
Asian equities swung to a loss and US stock futures pared gains as a rebound in regional semiconductor stocks lost momentum.
- South Korea's Kospi Index led losses with a 2.4% drop.
Photo: BLOOMBERG
Source
The Business TimesRegional
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