The Houthi movement said on the evening of the 5th that the Saudi-led coalition carried out 61 airstrikes across Yemen in the past 24 hours, causing dozens of civilian casualties, mostly women and children. The statement named strikes on Sana'a and the provinces of Al Jawf, Taiz, Saada, Marib, Lahj, Dali, Ibb, Hodeidah and Hajjah. The Houthis said coalition air and missile strikes have totalled 4,197 since the latest escalation. The Saudi-led coalition did not immediately respond.

Saxo Markets chief investment strategist Charu Chanana says Asian markets are particularly vulnerable in the latest AI-led sell-off. She cites a partial market reappraisal of future US infrastructure demand and overly concentrated investor positions in AI beneficiaries. South Korea and Taiwan are heavily exposed to the global AI hardware cycle, notably logic and memory chips; Japan’s exposure is concentrated in semiconductor equipment makers and industrial suppliers. Chanana says crowded positioning has amplified the shock and the speed and breadth of the sell-off point to ongoing deleveraging and a potential for forced liquidations.

People familiar said Aspex Management, one of Asia’s largest hedge funds with about $14 bln AUM, fell roughly 16% in October after a global sell-off in AI-related tech stocks. The drop is among the firm’s largest single-month losses; the pan-Asia equity-focused fund was still up about 9% YTD through end-October.