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GT investigates: How the Philippines colludes with US government, think tank and media in sadfishing itself, demonizing China on South China Sea issue

The Philippines has been making a show of the South China Sea issue for a long time. It has repeatedly provoked China and created tension in the South China Sea region while turning a blind eye to historical facts. Seemingly suffering from a sort of histrionic personality disorder, the Philippines has not only staged many farces on the issue, but also colluded with anti-China forces in the US-led West to play the thief crying “stop thief.”

Futures Slump, Dragged By Semis As Global Chip War Escalates

Futures are lower following the S&P's best weekly performance of the year (sparked by dovish comments by Fed chair Powell during the last FOMC) which sent the market up +2.3%. At 7:50 am, S&P futures were 0.4% lower and Nasdaq futures dropped 0.6%, dragged by MegaCap tech names which were mostly lower with AMD and Intel down more than 2% after the FT reported they are being banned from the Chinese government computers; NVDA swung from gains to losses after a report that Google, Intel and QCOM execs plan on battling NVDA on AI dominance (well what else can they do?).

ASIA TODAY Gaza negotiations: Progress on numbers, but distances remain

Today's news: Pyongyang reports meeting proposal launched by Japanese PM Kishida; Philippines summons Chinese chargé d'affaires after renewed clashes in the South China Sea.;In a house in Ventiane 16 bear cubs are rescued; The exceptional cold wave in Mongolia does not subside, putting a strain on families.

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