Stocks in Asia Decline as Chipmaker Rally Pauses

Business and finance news from the Asia-Pacific.

Asian stocks slipped after Wall Street's recent tech-led rally stalled, with chipmakers coming under pressure. The MSCI Asia Pacific Index fell 0.8%, though gainers outnumbered decliners. Gauges in Japan and South Korea declined, while stocks in Australia advanced to a record. For more on the markets, Bloomberg's Haidi Stroud-Watts spoke to Kerry Craig, Global Market Strategist at JPMorgan Asset Management. And for an outlook on Chinese markets, Bloomberg's David Ingles and Avril Hong spoke to Eva Lee, UBS Global Wealth Management Chief Investment Office Head of Greater China Equities.

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