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Chip stocks slid into a bear market as memory chip shortages and a hawkish Federal Reserve outweighed still-strong AI demand across the sector.
MAS tightened Singapore's currency band again to blunt oil driven inflation risk, a move that quietly pressures the exporters and tourism trade behind its AI.
Ukrainian drone strikes on a Black Sea terminal have suspended most of Kazakhstan's oil exports, a neutral nation bearing outsized costs as Brent tops $100.
David Rosenberg abandoned his long-held 30-year Treasury bet as yields near decade highs, a bond-market signal on Kevin Warsh's Fed before Wednesday's rate call.