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Pakistani Prime Minister Shahbaz: Let us continue down the path of diplomacy.

2026-06-08

Pakistani Prime Minister Shahbaz: Let us continue down the path of diplomacy.

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2026-06-08

On June 3 the Ministry of Civil Affairs held a national teleconference to push development of the rehabilitation assistive‑devices industry. The ministry urged local authorities to expand effective demand to support a healthy supply‑demand cycle; cul

On June 3 the Ministry of Civil Affairs held a national teleconference to push development of the rehabilitation assistive‑devices industry. The ministry urged local authorities to expand effective demand to support a healthy supply‑demand cycle; cultivate market participants to scale the industry and develop high‑quality firms and domestic brands; accelerate the development and opening of application scenarios, improve service networks and strengthen promotion and demonstration; boost consumer demand via social insurance and subsidy measures; and tighten regulation to uphold product quality and safety standards.
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.
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