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Japanese Stocks Fall as Tech Rout, Inflation Data Weigh on Sentiment

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Japanese shares opened lower on Friday, pressured by a slump in U.S. tech stocks and fresh domestic inflation data that reignites expectations for further Bank of Japan tightening.

The Nikkei 225 fell 1.2%, shedding over 838 points or 1.3% to start the session at 65,584.25.

At home, core CPI excluding fresh food edged up 1.6% year-on-year in June, marking its first acceleration in three months and reinforcing the central bank's tightening bias.

Meanwhile, Brent crude held above $100 amid heightened U.S.-Iran tensions following attacks on Saudi tankers, while Washington unveiled new tariffs ranging from 10% to 12.5% on key trading partners.

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