CNA

So Chinese AI and semiconductor-heavy stocks experienced a very sharp reversal after a multi-year rally.

Reporting from Reuters, The Guardian, Channel News Asia, and others described this decline as a valuation-driven correction amid concerns over profitability, domestic demand, and potential export restrictions.

So what does this mean? It means that China promised they were going to race ahead of the United States.

And then guess what? The communist Chinese freaking lied again.

And the thing about STI is it's really the benchmark that local-based Singapore investors look at.

If you turn on your TV and look at Channel News Asia, that's the benchmark, that's the index that comes up.

Oh, STI is up 30 points today, right? And that's the same for India.

So Nifty, I will say, is the equivalent of STI for India.

Now, Talk Back with Daniel Martin on CNA 938.

This is your show indeed.

It's Talk Back on CNA 938.

I'm Daniel Martin.

Welcome in, everybody.

On this edition, you are talking about the retirement age.

We've seen the comments, the shares of the CNA.Asia article.

We know that is the big news for you this week.

North Korean leader Kim Jong-un calls for building the strongest army and accelerating the peace of the comprehensive military revolution to transform the armed forces into elite self-sufficient units.

North Korean leader Kim Jong-un calls for building the strongest army and accelerating the peace of the comprehensive military revolution along the country's unique path.

Kim called during a comprehensive military conference for a radical transformation within the ranks of the armed forces to become elite combat units that are self-sufficient.

The Korean Central News Agency confirmed the issuance of direct instructions from the Supreme Leadership to raise combat readiness and develop military tactics.

Kim's request clearly reflects his top priority today.

in integrating conventional military capabilities with the nuclear and missile arsenal, according to Reuters news agency.

Reuters news agency reported that North Korean leader Kim Jong-un calls for building the strongest army and accelerating the peace of the comprehensive military revolution along the country's unique path.

Kim called during the comprehensive military conference for a radical transformation within the ranks of the armed forces to become elite combat units that are self-sufficient, according to Reuters news agency's report.

That's a good thing, right? But these trade-offs on big, big capital and impact on communities, I do think we need to lean into.

I have my own personal views, which I won't share on Channel News Asia, on what that might mean and ethically what that means as well.

But these questions are being asked in the industry right now.

And we've all got to realise we've not been through this before.

And then Trump essentially unsigned them.

And then, fourth, from Channel News Asia.

Next, 5th, From Straits Times Iran Foreign Minister Says Russia, Iran Have Never Worked So Closely Lavrov Said Moscow Wants To Stop The Return Of A Large-Scale War While Putin Has Offered Mediation Talks Come As U.S.-Iran Diplomacy Stays Stalled The Conflict Has Worsened Since U.S.-Israeli Strikes On Iran In February Fighting Near The Strait Of Hormuz Continues, With Iran Targeting Ships And Washington Keeping A Naval Counterblockade Tehran Iranian Foreign Minister Abbas Aradchi said on Oct.

20 that Russia and Iran have never worked so closely, as Moscow seeks to play a mediating role in the Middle East war.

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And then, seventh, from Channel News Asia.

Western brands under pressure as pre-owned luxury booms in China.

French luxury house Louis Vuitton has closed five stores in mainland China in the past two years, including a chocolate boutique in Shanghai, while Parisian department store Galeries Lafayette shut its Beijing flagship in May.