Rate On China's New Overnight Liquidity Tool Comes Below Estimates, Hints At Imminent Easing

North Korea Achieves Its First AI-Guided Missiles In Test Overseen By Kim In a development that South Korea, Japan and the United States are likely to find deeply alarming, North Korea launched AI-guided cruise missiles in a test that analysts have described as the first of its kind for the sanctioned country. The launch and test was overseen by Kim Jong-un early this week, and it was presented as part of his new military modernization and preparedness initiative which has been greatly hyped by Pyongyang over the last several years. KCNA/EPA/Shutterstock North Korea's goal...

Mitsubishi Motors Joins Physical AI Race With Humanoid Robot Production Deal Mitsubishi Motors shares surged as much as 17% in Tokyo on Friday after the automaker unveiled a deal with the University of Tokyo startup Highlanders to mass-produce humanoid robots, signaling a push beyond its core automotive business and reinforcing a broader trend we have highlighted that could sweep across the global auto industry. Highlanders signed an MOU with Mitsubishi Motors to develop humanoid robots for automotive factories and mass production at Mitsubishi's Kyoto plant as early as 2027. Early production...

Houthis Unleash Major Missile Barrage On Saudi Arabia's Sprawling King Khalid Air Base Summary Houthis attacked a Saudi air base with missiles and drones, claiming major damage. Houthis seized more Red Sea territory, including Perim Island near the Bab al-Mandab Strait. Shipping risks are rising, with vessels avoiding the Red Sea and taking longer routes around Africa. Iran-Gulf diplomacy was postponed, delaying efforts to address the Strait of Hormuz crisis in what was to be a rare GCC-Iran meeting. Saudi oil exports face ongoing disruption after a pipeline shutdown, pushing oil prices above $100/barrel. Trump invokes...