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Asian Stocks Mixed as Tech Selloff Continues
Asian stocks were mixed on Monday as tech shares struggled due to disappointing earnings from major US tech companies, including Amazon, Alphabet, and Microsoft. Japan's Kioxia Holdings plunged nearly 16% after a weak forecast, while oil prices fell around 3% on hopes of renewed US-Iran talks. The mixed performance in tech was reflected in broader markets, with Tokyo, Sydney, Singapore, Wellington, Bangkok, and Taipei all down, while Seoul, Hong Kong, Shanghai, Mumbai, and Jakarta rose.