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Tech leads shares higher in Asia as oil slips
SYDNEY: Share markets edged higher in Asia on Monday as AI’s insatiable demand for data buoyed chipmakers, and oil eased on reports more oil was finding its way out of the Middle East than previously thought despite the ongoing conflict in the Gulf. Trade was thin with Japan on its Silver Week holiday through to Wednesday, leaving the dollar easier at 156.67 yen with investors wary in case the Bank of Japan took advantage of the lack of liquidity to intervene in support of its currency. The yen jumped on Friday after Japanese authorities conducted rate checks in the currency market, the Nikk...
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