News

Kremlin: Zelensky does not want to take responsibility or seek a peaceful solution, and in this respect, Russia shares the same view as US President Trump.

The Kremlin stated that the latest actions against the local assets of European companies are a "continuation of a trend." All the companies involved are from "unfriendly countries" that have been involved in the illegal seizure of Russian property.

Ukrainian President Zelenskyy: Discussed financial support for Ukraine in 2027 with European Council President Costa and European Commission President von der Leyen.

A joint statement from the French and German governments outlines plans to incentivize investment, research and development, EU production, and supply chains.

A joint statement from France and Germany: A consensus has been reached to secure the future of the European automotive industry.

Southbound capital saw a net outflow of HK$3.568 billion today. In the Shanghai-Hong Kong Stock Connect, Alibaba-W and WuXi Biologics saw net outflows of HK$344 million and HK$305 million respectively; AIA Group saw the largest net inflow of HK$764 million. In the Shenzhen-Hong Kong Stock Connect, WuXi Biologics and Xiaomi Group-W saw net outflows of HK$363 million and HK$358 million respectively; Alibaba-W saw the largest net inflow of HK$93 million.

Netflix (NFLX.O) fell 2% in pre-market trading; the company appointed former Disney executive Peter Rice as its new head of content.

Russian-appointed officials say the attack by Ukraine on the Russian-controlled Luhansk region has killed two people.

According to a report first disclosed by Semafor, the U.S. Chamber of Commerce is ramping up its fall advertising efforts, launching a new $250,000 advocacy campaign in Iowa. This follows two previous purchases of $500,000 each of advertising slots by the historically Republican-aligned business group, advocating for current Ohio Senator Jon Husted and Alaska Senator Dan Sullivan. Furthermore, the group announced this week its support for former Republican Senator John Sununu's candidacy for the New Hampshire Senate.

Bank of America (BofA), citing EPFR data, reported that $53.1 billion in cash assets flowed out in the week ending Wednesday.

According to data from EPFR cited by Bank of America (BofA), emerging market stocks received $17.7 billion in inflows in the week ending Wednesday, the highest since July; Brazil saw a record inflow of $4.7 billion.

According to data from EPFR cited by Bank of America (BofA), U.S. Treasuries saw inflows of $3.6 billion in the week ending Wednesday, marking the 16th consecutive week of inflows; bond funds saw total inflows of $11.8 billion.

Bank of America (BofA), citing EPFR data, reported net inflows of $64.5 billion into equity funds in the week ending Wednesday, with $39.1 billion flowing into U.S. equity funds and $10 billion into technology equity funds.

According to TASS: Russia and Iran are discussing the route and price of a natural gas pipeline.

The UK Competition and Markets Authority (CMA) has proposed recognizing Microsoft's strategic market position within the business software ecosystem.

The UK Competition and Markets Authority (CMA) is assessing whether Microsoft's bundling and integration of security products restricts customer choice. Microsoft benefits from switching barriers and integration advantages, which create barriers for other software developers.

The UK Competition and Markets Authority (CMA) is conducting a further investigation into Microsoft's software bundling practices that facilitate developers integrating their products into the company's business software ecosystem.

The UK Competition and Markets Authority (CMA) has found that Microsoft holds a dominant position in five areas of digital activity investigated.

The UK Competition and Markets Authority (CMA) has reached an agreement with AWS and Microsoft to ensure that cloud architectures designed for portability can be deployed and migrated seamlessly between different service providers.

The South Korean KOSPI index, which recently experienced a sharp decline, rebounded after eight trading days, driven by the return of foreign investors. However, compared to the previous seven consecutive trading days of a cumulative drop of 21%, today's rebound was still limited. At the close, foreign investors made net purchases of 343 billion won in the South Korean securities market, ending the previous eight-day streak of net selling. However, individual investors and institutional investors were net sellers of 484.7 billion won and 683.4 billion won respectively, both showing net selling. Xu Xiangying, Managing Director of Mirae Asset Securities, believes that Nvidia CEO Jensen Huang's comments alleviated market concerns about credit risk in the AI ​​field, becoming one of the main catalysts driving the market rebound. However, for a truly sustainable rebound to occur, the market must dispel doubts about the profitability of AI. Li Qingmin, a researcher at Daxin Securities, stated that the key for the market going forward lies in whether the earnings reports released next week by Meta, IBM, Texas Instruments, and Western Digital can alleviate market concerns about the sustainability of AI investment and the prosperity of the semiconductor industry. LS Securities researcher Huang Shanhai analyzed that continued selling by foreign investors, coupled with the cessation of share buybacks by semiconductor giants Samsung Electronics and SK Hynix, led to a cumulative gap in market buying power, amplifying the impact of negative news on stock prices. With retail and institutional investors also struggling to become trend buyers, the market attempted a rebound this week, but failed to sustain it, indicating a weakening of investor confidence. Finding clues to a return to a long-term upward trend hinges not on large technology companies further expanding investment, but on whether AI application companies can improve production efficiency, whether they possess the capacity for sustained spending, and whether these factors can help hyperscale cloud service providers restore cash flow.