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Global News Impacting Chinese Tech

D St Lights Up, Ends Diwali Week with a Firecracker of a Friday

News Snapshot:

Indian stocks on Friday surged in the face of a precipitous slide in Asian equities to log their biggest weekly gains in nearly six years, highlighting diversity in investment the country offers foreign funds amid a continental meltdown in concentrated artificial intelligence (AI) bets.Japan, South Korea, mainland China, Taiwan and Singapore lost between 2% and 7% as AI bets were dramatically reversed after the US midterms and an overnight Nasdaq plunge, while the Nifty and Sensex – with gains of more than 2% each – stood in sharp relief across a red ocean.The latest rally, which has boosted both gauges…

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