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Live news: Japanese stocks rebound from early slump
Japanese stocks made overall gains on Tuesday after an initial slump fuelled by a sell-off of semiconductor-related stocks.
The Topix benchmark was up 0.6 per cent in morning trading. Chipmakers Disco, Advantest and Tokyo Electron dropped as much as 2.5 per cent, 1.8 per cent and 0.8 per cent, respectively, before recovering.
South Korea’s Kospi index was up 0.2 per cent. Among semiconductor makers, SK Hynix rose 2.8 per cent, while Samsung SDI fell 2 per cent.
Australia’s S&P/ASX 200 added 0.8 per cent. Car accessories maker ARB rose as much as 6.2 per cent after announcing an expansion in the US, but those gains were later wiped out with the stock down 0.3 per cent.