Bank of Korea governor said whether the AI boom will raise the policy-neutral rate remains to be seen.

China A-share ice-and-snow sector spiked intraday; Bingshan Cold & Heat moved straight to daily limit. Dalian Shengya, Jingxue Energy-Saving, Snowman Group, Changbaishan and Binglun Environment also rose.

Handan Investment Promotion Bureau said that after implementation of the capital no‑fly zone policy it matched an outward‑moving low‑altitude economy firm from the Beijing‑Tianjin‑Hebei region with Linzhang County and secured the relocation of Beijing Tianxun Chuangyi Technology Co. to Handan. The project comprises five modules — North China regional headquarters, final assembly/manufacturing, flight testing, operations & maintenance training, and scenario operations — to be rolled out in three phases. The initial phase will occupy a 4,000 sqm factory and targets annual production of 300 vertical take‑off and landing fixed‑wing UAVs. The first batch of equipment arrived on Oct. 12, the bureau said, marking Handan’s first Beijing low‑altitude economy relocation since the capital no‑fly zone policy.