Ministry of Agriculture and Rural Affairs monitoring: Agricultural Products Wholesale Price 200 Index 114.06 on Oct. 12, down 0.13 points; vegetable-basket wholesale price index 114.05, down 0.17 points. As of 14:00 nationwide wholesale average prices — pork 15.98 yuan/kg (-0.7% vs last Saturday); beef 72.08 yuan/kg (-1.7%); mutton 66.44 yuan/kg (-1.7%); eggs 9.81 yuan/kg (-1.7%); slaughtered whole chicken 17.11 yuan/kg (-0.4%).

DBS Group CEO Chen Shushan said markets are reassessing risks tied to AI infrastructure investment, which could lead to tighter financing discipline as investors demand higher returns and scrutinize deal structures. Markets are testing whether large AI capex will deliver sufficient long-term returns to repay debt, bonds or equity; DBS warned some weaker firms may face credit-rating downgrades but called the repricing healthy for ensuring sustainable, profitable AI investment. DBS said it has participated in about $20bn of AI-related transactions this year, mainly as lead arranger on syndicated loans while retaining only a small share of the risk.

London Metal Exchange (LME) inventories: aluminium down 250 tonnes, tin down 15 tonnes, zinc up 6,000 tonnes, lead down 1,575 tonnes, nickel down 636 tonnes, copper down 1,750 tonnes.