TOKYO, Oct 25 — Tokyo stocks closed lower on Monday, led by declines in tech shares with investors cautiously focused on corporate earnings and Japan’s upcoming general election.
The Nasdaq dropped 0.8 per cent in US trading on Friday, prompting investors to sell tech-related shares, brokers said. “Players appear more cautious about upcoming general elections after the by-election result,” said Yoshihiro Okumura of Chibagin Asset Management.
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Hong Kong’s zero-Covid policy undermining financial hub status, says industry group | Malay MailHONG KONG, Oct 25 — A financial industry group warned today that Hong Kong’s zero-Covid policy and strict quarantine requirements for international travellers threatens to undermine the city’s status as a financial hub. The Asia Securities Industry and Financial Markets Association (ASIFMA)...
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