Kuwait reiterated it has the full right to take all necessary measures to defend its territory.

Bank of Korea Governor Shin said oil-price rises typically worsen terms of trade, causing GDI growth to lag GDP, but part of the recent energy-price rise has been offset by South Korea's semiconductor exports.

Goldman Sachs' prime brokerage unit says hedge funds bought US equities last week at the fastest pace in six months as the S&P 500 extended its record run. Goldman traders said flows were driven by long buying in index products and ETFs and by short covering. US-listed ETF short positions fell for a second week, down 0.6%. Ongoing AI-infrastructure investment and better-than-expected earnings supported the rally. The S&P 500 has risen nine straight weeks, the longest streak since 2023; the Nasdaq-100 is up more than 20% YTD.