HONG KONG, Jan 30 — Asian equities were mixed in another holiday-thinned trading day today, with investors digesting broadly positive tech earnings that came days after the upheaval caused by China’s DeepSeek explosion onto the global AI scene.
With most markets closed for the Lunar New Year break, there was little major reaction to the Federal Reserve’s widely expected pause in interest rate cuts and indications that no more were in the pipeline.
The tepid performance in Asia followed a retreat among Wall Street main indexes but the volatility that greeted the start of the week has gone for now, though worries about the valuations of some top tech firms continue to weigh on sentiment.
Trading floors were jolted Monday after DeepSeek unveiled a chatbot that apparently matched the capacity of US artificial intelligence pacesetters for a fraction of the investments made by American…
