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Asian equities fall as U.S. curbs hit Chinese chip sector
Asian markets extended losses as new U.
Asian stock markets slipped for the second straight session after Washington signaled fresh software export restrictions on Chinese semiconductor firms. The move intensified investor caution toward tech manufacturing supply chains, while oil prices rose nearly 2% following sanctions that disrupted Russian crude flows. Japan’s Nikkei and Hong Kong’s Hang Seng led regional declines, with traders rotating into defensive assets ahead of key U.S. inflation data later this week. Analysts expect continued volatility until clarity on trade policy and chip licensing emerges.