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Asian shares subdued as tech blues offset U.S. tax cut hopes

Reuters  |  TOKYO 

By Hideyuki SanoTOKYO (Reuters) - Asian shares were subdued on Tuesday as investors' rotation out of technology shares took the toll on some of the region's tech heavyweights although hopes of a major tax cut in the United States underpinned risk sentiment.MSCI's broadest index of Asia-Pacific shares outside Japan were capped by the fall in the region's technology shares, with Samsung Electronics losing 1.5 percent.Japan's Nikkei fell 0.4 percent, with semiconductor-related shares such as Tokyo Electron and Shin-etsu Chemical leading the losses.On Wall Street, the benchmark S&P 500 ...

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First Published: Tue, December 05 2017. 06:24 IST