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Japan's Nikkei slumps as chip selloff, geopolitical tensions dent risk appetite

As reported by Stocks-Markets-Economic Times
Japan's Nikkei share average declined 1.3% on Thursday, impacted by a selloff in chip-related stocks. Escalating U.S.-Iran tensions fueled inflation concerns, leading investors to avoid risky assets. SoftBank Group was a significant drag on the index, contributing to the broader market downturn.
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