Asian equities witnessed steep cross-border outflows in the first week of November as investors booked profits on caution over lofty tech valuations and uncertainty about the sustainability of an extended market rally. Foreigners divested approximately $10.18 billion worth of stocks in Taiwan, South Korea, India, Thailand, Indonesia, Vietnam and the Philippines for the week ended November 7 in a turnaround from $2.28 billion worth of net purchase in October, data compiled by LSEG showed. South