CHINA MOBILE: 2025 AI SERVICES REVENUE CNY90.8B, UP 5.3% ON YEAR

Global investors have withdrawn about $52 billion from Asian emerging-market equities excluding China since the start of the Iran conflict, marking the largest monthly outflow on record, according to compiled data. Oil-importing economies such as India, South Korea, and Taiwan led the selloff as surging crude prices raised inflation and growth concerns. The outflows have already exceeded pandemic-era and Ukraine-war-related selloffs, with investors rotating into markets less exposed to energy shocks. Analysts from Morgan Stanley noted that Asia’s vulnerability to energy costs, combined with dollar strength and profit-taking in chip stocks, has intensified equity underperformance versus the US.

阿聯酋阿布扎比國家石油公司首席執行官：將霍爾木茲海峽武器化是“經濟恐怖主義”。