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South Korea’s equity market has seen AI-driven buying evaporate: market turnover is down about 70% from a late‑May peak as foreign investors accelerate withdrawals and domestic retail selling intensifies. The reversal reflects heavy concentration in

2026-10-11

South Korea’s equity market has seen AI-driven buying evaporate: market turnover is down about 70% from a late‑May peak as foreign investors accelerate withdrawals and domestic retail selling intensifies. The reversal reflects heavy concentration in Samsung Electronics and SK Hynix. Phillip Wool, portfolio manager at Rayliant Global Advisors, said his fund has been taking profits on Korean AI names and is underweight SK Hynix and Samsung. Julius Baer’s Richard Tang said capital is rotating back into US equities, prompting sustained foreign outflows from Korean stocks. UBS Global Wealth Management’s Chun‑Lai Wu said the firm prefers Taiwan equities for AI exposure, citing a more complete hardware ecosystem and stronger capex plans among major tech companies.

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2026-10-10

Chongqing and Sichuan governments issued a metropolitan-area implementation plan targeting at least 3.6 trillion yuan GDP and an urban population above 20 million by 2030. The plan prioritizes a rail-centric metropolitan network with 75% of residents

Chongqing and Sichuan governments issued a metropolitan-area implementation plan targeting at least 3.6 trillion yuan GDP and an urban population above 20 million by 2030. The plan prioritizes a rail-centric metropolitan network with 75% of residents within one-hour commutes and lower average commuting time and cost, stronger industrial collaboration and tech‑industry co‑innovation, and raising local supplier coverage for the "Chongqing-made" auto cluster above 70%. It also calls for shared education, healthcare and employment services, narrowing the urban‑to‑rural per capita disposable income ratio to about 2.1:1, deeper separation of economic and administrative regions, accelerated Guang'an–Chongqing cross‑province integration, and functional integration of surrounding cities with the central city.
2026-10-11

Axios reports two US officials and one Israeli official say the US did not ask Israel to carry out strikes on Iran before Israel’s Oct. 27 election. Earlier media reports said the US had urged Israel in recent weeks to strike Iran ahead of Oct. 27 to

Axios reports two US officials and one Israeli official say the US did not ask Israel to carry out strikes on Iran before Israel’s Oct. 27 election. Earlier media reports said the US had urged Israel in recent weeks to strike Iran ahead of Oct. 27 to avoid US direct military action that could affect the Nov. 3 US midterm elections.
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