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Magnitude 5.7 earthquake rattles central Japan, injuring at least 22 as buildings shake from Shizuoka to Kyoto Towhid Hridoy smashes record 242 not out as Bangladesh claim unlikely lead over West Indies in Sylhet Jefferies raises India allocation to 14% as AI investment boom shows signs of peaking Pakistan unveils five-year auto policy targeting $6 billion in exports, cheaper cars and a 30% electric share Saudi-blamed airstrikes kill at least 27 near Yemen's capital Sanaa, mostly women and children Harmeet Dhillon quits as US civil rights chief in first senior Trump exit since midterm rout Magnitude 5.7 earthquake rattles central Japan, injuring at least 22 as buildings shake from Shizuoka to Kyoto Towhid Hridoy smashes record 242 not out as Bangladesh claim unlikely lead over West Indies in Sylhet Jefferies raises India allocation to 14% as AI investment boom shows signs of peaking Pakistan unveils five-year auto policy targeting $6 billion in exports, cheaper cars and a 30% electric share Saudi-blamed airstrikes kill at least 27 near Yemen's capital Sanaa, mostly women and children Harmeet Dhillon quits as US civil rights chief in first senior Trump exit since midterm rout

Christopher Wood

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The Bombay Stock Exchange building in Mumbai (file photo)

Business & Finance

Jefferies raises India allocation to 14% as AI investment boom shows signs of peaking

Jefferies has raised India’s weight in its Asia-Pacific ex-Japan portfolio to 14% while cutting South Korea and Taiwan, warning that the unprecedented AI capital spending cycle may have peaked.

Business & Finance · 8 Nov 2026, 5:57 am