Asian stocks mirrored Wall Street’s tech sell-off, with South Korea’s Kospi leading losses amid concerns over high valuations and spending. While tech giants like Alphabet and Arm Holdings saw declines, futures for US gauges rose, suggesting easing selling pressure. Gold and silver advanced, continuing their rebound from a recent plunge.
In Asia, India secured best trade deal with US: Piyush Goyal
India has secured the best trade deal with the United States among its competitors. Commerce and Industry Minister Piyush Goyal highlighted the strong relationship between