Tokyo stocks rebounded Wednesday, with the Nikkei ending a three-day losing streak, as technology shares gained on easing concerns ov
DeepSeek said the Chinese government was "committed to the great cause" of reunification with Taiwan, an independent island nation that Beijing has had eyes on invading
Tokyo stocks ended mixed Monday as banks lifted on hopes for improved profits, while technology issues dropped on fears that U.S. dom
Tokyo-listed companies linked to the AI sector tanked for a second straight day as investors tracked a rout on Wall Street that saw Nvidia Corp crumble 17 percent, wiping more than half a trillion dollars off its market capitalization.
Tokyo stocks rebounded Wednesday morning as concern eased about a potential Chinese challenge to U.S. dominance of artificial intelligence, but gains were limited before the release of earnings by major companies.
Asian stocks advanced Wednesday in thin Lunar New Year trading following a rebound on Wall Street driven by tech stocks as the panic over Chinese AI company DeepSeek faded. Most markets in Asia were closed for holidays.
Asian shares are trading mixed after Wall Street’s tech superstars tumbled as a competitor from China raised doubts over the recent artificial-intelligence market frenzy.
Ripples were felt from Tokyo to Amsterdam to Silicon Valley and even Singapore. Read more at straitstimes.com.
US tech stocks were steady on Tuesday after they slumped on Monday following the sudden rise of Chinese-made artificial intelligence (AI) app DeepSeek. Shares in chip giant Nvidia rose by 8.8%, having slumped on Monday, as experts said the AI selloff may have been an over-reaction.
Nasdaq futures slumped and technology shares slid in Japan on Monday as surging popularity of a Chinese discount artificial intelligence model wobbled investors' faith in the profitability of AI and the sector's voracious demand for high-tech chips.
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