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UK Ministry of Defense said supporting Ukraine is supporting the UK.
2026-06-08
UK Ministry of Defense said supporting Ukraine is supporting the UK.
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2026-06-08
Invesco Asia-Pacific global markets strategist Zhao Yaoting said Asian tech stocks move closely with the US semiconductor cycle due to shared supply chains and similar investor positioning, increasing regional sensitivity to shocks. He warned a highl
Invesco Asia-Pacific global markets strategist Zhao Yaoting said Asian tech stocks move closely with the US semiconductor cycle due to shared supply chains and similar investor positioning, increasing regional sensitivity to shocks. He warned a highly concentrated AI investment narrative magnifies volatility, so company-specific misses or demand/supply disruptions produce outsized market moves. Zhao said Korea’s market is not excessively stretched: the MSCI Korea five‑year average P/E is about 10.5x and has fallen to below 7x, while Korean tech firms are reporting record profits. He added that near‑limitless demand from hyperscale cloud providers underpins a constructive outlook for tech hardware; global deployment of scalable cloud and AI compute data centers remains early and is accelerating, leaving room for further AI-driven growth. Zhao described the recent pullback as a healthy, cyclical rebalancing after some expectations may have been priced in.
2026-06-08
Israel's Ministry of Finance: May's budget balance was -8.3 billion shekels.
Israel's Ministry of Finance: May's budget balance was -8.3 billion shekels.
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