Asian stocks fall after tech selloff, gold gains

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.

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Sebi to ease ‘fit and proper person’ criteria

Sebi proposes to revise ‘fit and proper person’ criteria for market intermediaries, including stockbrokers, to ease compliance burdens. The regulator suggests removing automatic disqualification upon