Kharkiv mayor said a Russian attack on Kharkiv, Ukraine, this morning injured at least 12 people.

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.

HKEX filing: Tencent Holdings (00700.HK) repurchased 235,000 shares on Oct 12 for HK$100.4 mln.