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Foreign Investors Pull $50 Billion From Asian Equities in October Amid AI and Cash Burn Concerns
Foreign investors withdrew $50 billion from Asian equities in October, driven by concerns regarding artificial intelligence and high cash burn rates.
In October, foreign investors pulled a total of $50 billion out of Asian equities. According to Reuters, the massive capital withdrawal was driven by growing anxieties surrounding artificial intelligence and cash burn woes.
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