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Nikkei drops 1.1% as chip and metals stocks fall

Japanese stocks fall, with the Nikkei down 1.1% as chip and metals shares lead declines amid concerns about higher energy costs after crude oil gains.

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Japanese stocks were lower in 2015 ET as concerns over higher energy costs persisted after crude oil rose overnight. Chip and metals shares led the decline. 5%. 09 yen, com…