Japan Aug seasonally adjusted bank lending excluding trusts YoY 5.8% (prev 5.90%).

Tokyo-based startup Preferred Networks is preparing for an IPO to scale production of custom AI chips as global clients seek lower procurement and operating costs and reduced reliance on NVIDIA. CEO Daisuke Okanohara said the company plans to deliver its latest chip samples to customers in 1H next year, targets commercial launches in December 2027, and aims to be profitable within three years while preparing for a listing. Okanohara said the business requires substantially larger scale than previously expected to meet demand for NVIDIA accelerator alternatives.

基辅市称，已对举办大型活动实施限制。