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Home Business

Asia tech stocks slide after Wall Street rout

27 January 2025
in Business
Asia tech stocks slide after Wall Street rout
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Roula Khalaf, Editor of the FT, selects top stories in weekly newsletter: Japanese markets slide due to tech sell-off driven by Nvidia’s plunge and US-China AI competition. SoftBank shares hit hard, down over 12% this week, as analysts question future of AI capex boom. Hong Kong tech shares rise, while Tokyo tech companies like Disco and Furukawa Electric plummet, signaling market diversification and uncertainty.

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