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HONG KONG, Jan 28, 2025 (BSS/AFP) - Japanese tech firms sank Tuesday after a sell-off in US titans following news of China's DeepSeek chatbot, while the dollar rallied on a report saying Washington was considering universal tariffs on a range of goods.

The firm said only $5.6 million was spent developing the model. The programme's arrival has sparked competition fears, as tech titans -- including Nvidia, Meta and Alphabet -- have made huge investments worth hundreds of billions of dollars into AI products and sent their valuations soaring.

Hong Kong’s transport minister has expressed deep concern over flight cancellations by Greater Bay Airlines, with the carrier blaming the issue on delays in the delivery of newly ordered aircraft and the need to conduct inspections on existing planes.

Asian stocks were mixed on Wednesday after U.S. President Donald Trump's latest comments on tariffs raised uncertainty in Chinese markets. U.S. futures edged higher and oil

World shares were mostly lower on Monday after U.S. stocks edged back from their all-time high, with many Asian markets closed for holidays. In early European trading,

Asian stocks advanced Wednesday in thin Lunar New Year trading following a rebound on Wall Street driven by tech stocks as the panic over Chinese AI company DeepSeek faded.

After a six-year break, Hong Kong Airlines has resumed nonstop services between Hong Kong and Australia's Gold Coast.

The hire follows other recent additions across the firm’s offices in Asia, including James Ford in Hong Kong and Kok Jin Ong in Singapore.

Global shares are trading mixed after Wall Street’s tech superstars tumbled as a competitor from China raised doubts over the recent artificial-intelligence market frenzy. Shares rose in early Tuesday trading in Germany and Britain while falling in France.

Madrid and Barcelona property values are expected to see growth of up to 5.9%, after a year in which prices already surged. Madrid topped the list of all 30 global cities in 2024, with luxury property prices rising 9.4%, followed by Barcelona with 8.6% growth.

Japan and Hong Kong stocks were set to open mixed Tuesday, with several Asia-Pacific markets closed for the Lunar New Year holiday. Japan's Nikkei 225 futures pointed to a lower open for the market. The futures contract in Chicago was at 39,150 and its counterpart in Osaka last traded at 39,050 compared to the index's previous close of 39,565.8.