Tech stocks tank over AI panic
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Investors dump tech shares over fears of slowdown in AI development following the sweeping Democrat victory in the US midterm elections. Markets in Asia suffer sharp losses. Japan’s Nikkei index and South Korea’s Kospi closed 6% down on Friday.
Also: the leader of a doomsday cult in Kenya is sentenced to 200 years in prison after being found guilty of murdering more than 190 people; Paraguay's president faces impeachment after a banking scandal puts the country in crisis; another wave of bomb threats disrupts passenger flights in Europe; Gavin Newsom spares 500 prisoners from the death sentence in California; and the Pope heads to Latin America three weeks after lung cancer surgery.
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Get the news that matters, delivered twice a day on weekdays and daily at weekends, plus special bonus episodes reacting to urgent breaking stories. Follow or subscribe now and never miss a moment.
Get in touch: globalpodcast@bbc.co.uk
Photo: Currency dealers talk in front of an electronic board displaying the Korea Composite Stock Price Index (KOSPI) in Seoul, South Korea.
Credit: REUTERS/Kim Hong-Ji
Also: the leader of a doomsday cult in Kenya is sentenced to 200 years in prison after being found guilty of murdering more than 190 people; Paraguay's president faces impeachment after a banking scandal puts the country in crisis; another wave of bomb threats disrupts passenger flights in Europe; Gavin Newsom spares 500 prisoners from the death sentence in California; and the Pope heads to Latin America three weeks after lung cancer surgery.
The Global News Podcast brings you the breaking news you need to hear, as it happens. Listen for the latest headlines and current affairs from around the world. Politics, economics, climate, business, technology, health – we cover it all with expert analysis and insight.
Get the news that matters, delivered twice a day on weekdays and daily at weekends, plus special bonus episodes reacting to urgent breaking stories. Follow or subscribe now and never miss a moment.
Get in touch: globalpodcast@bbc.co.uk
Photo: Currency dealers talk in front of an electronic board displaying the Korea Composite Stock Price Index (KOSPI) in Seoul, South Korea.
Credit: REUTERS/Kim Hong-Ji
