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Japanese Stocks Slide On Tech Selloff; Japan's PM Visits India for Trade, Defense Talks

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Japan's equities opened lower on Thursday following a downturn in U.S. semiconductor shares.

The Nikkei 225 dropped 435 points or 0.6% to 70,039.89 at the opening session.

Meanwhile, Japanese Prime Minister Sanae Takaichi kicked off a three-day visit to India, where discussions with Prime Minister Narendra Modi are expected to cover critical sectors including electronics components, natural resources, and energy.

About 10 industry areas, such as petroleum and medicine, are on the discussion table, according to reports.

Elsewhere, Federal Reserve Chair Kevin Warsh said inflation was easing and further affirmed the central bank's steady rate stance.

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