AI Selloff Hits Markets: South Korea’s KOSPI plunged again as chip rout fears deepened after SK Hynix earnings disappointed, triggering circuit breakers and raising doubts about the AI spending boom. Oil & Geopolitics: Oil slid for a third day as US-Iran tensions eased on optimism around Hormuz talks, lifting broader risk sentiment even as investors stayed cautious. Tech vs. Value Rotation: US and Europe stocks were mixed; Dow gained on earnings while Nasdaq lagged, with investors moving out of chip exposure. Telecom Policy Push: GSMA is assessing whether telecom tax cuts can boost broadband and smartphone affordability in Pakistan, aiming to weigh lost revenue against a larger digital tax base. Energy Export Rules: Namibia renewed a moratorium on electricity generation licences for export until transmission constraints ease, protecting the grid from overcommitment. Trade & Tariffs: WTO backed China in its dispute over Türkiye’s EV tariffs and import licensing rules, ordering Türkiye to align with GATT obligations. US Student Visa Shock: A Peterson Institute study warns Trump’s student visa cap could cost the US economy $200–$400bn by disrupting education as an “export.” Corporate Deals: Meta and BlackRock are linked to a major Texas data center campus plan, while Iraq’s T964 partnered with Uptime Institute to raise data center standards. Local Business Stress: Oban Community Carers shut down after a staffing shortage, underscoring how labor gaps can quickly break small services.