TRUMP HAS REQUESTED A SWIFT IRANIAN RESPONSE TO THE US PROPOSAL, A PAKISTANI SOURCE TELLS AL ARABIYA

The artificial intelligence boom may be nearing a slowdown amid rising costs, potentially weighing on Asia-Pacific export growth, Moody’s Analytics says. The AI upswing has helped offset pressure from higher U.S. tariffs on the region’s exports, it notes. However, stretched equity valuations, rising prices, and selective hardware shortages suggest the cycle is “increasingly ripe for a pause,” it adds. The Middle East conflict has further lifted geopolitical and trade risks for Asia-Pacific economies. Moody’s warns that the mix of higher inflation, trade and supply-chain disruptions, and elevated asset valuations raises the risk of policy missteps across the region.

A股油氣板塊午後繼續下挫，中國石油、榮盛石化跌超5%，中國海油、中國石化、海油發展等跟跌。