CBS reported that visits by Canadians to the U.S. fell 25% in 2025, a decline attributed to political tensions.

Hong Kong-listed memory/storage names extended yesterday's sell-off: Southern 2x Long SK Hynix (07709.HK) plunged again, down over 25%; Southern 2x Long Samsung Electronics (07747.HK) fell about 16.6%; Montage Technology (06809.HK) and GigaDevice (03986.HK) each dropped over 10.5%.

SoftBank Group will issue JPY90 billion (about $550 million) of bonds to institutional investors to broaden domestic and offshore funding for AI investments, lead-managed by Daiwa Securities. The deal comprises JPY80 billion of three‑year notes with a 3.270% coupon (165bp over JGBs) and JPY10 billion of five‑year notes with a 3.886% coupon (190bp over JGBs), the highest coupon paid by a Japanese corporate borrower for comparable maturities.