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Business deals

China and South Korea tech deals slump amid Ukraine war woes

Russia's invasion creates headwinds for Asian M&A

The rush for tech M&As in Asia has slowed to a crawl in China and South Korea. (Source photos by Reuters)

SINGAPORE -- After a boom in 2021, mergers and acquisitions in the tech industry could slow in Asia this year amid worries over Russia's invasion of Ukraine, inflation and interest rates, as well as a spotty recovery from the COVID-19 pandemic.

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