South Korea's KOSPI index fell more than 1% intraday.

Whale 0x8b6e, who previously made over $1.12M from a long on $AKE, is now going long $GPS on @Aster_DEX. He opened a 2x long on 27.23M $GPS($450K) and is currently up $80K(+35.66%). $GPS has surged 70% recently.

According to Bitget's market data, the Nikkei 225 index's intraday decline has widened to 2%.

According to Lookonchain’s monitoring, whale address 0x8b6e — which previously netted over $1.12 million from a long position on AKE — has opened a new long position on GPS via Aster DEX. The whale established a 2x-leveraged long on GPS, buying 27.23 million tokens for a position valued at roughly $450,000. The position currently holds an unrealized profit of around $80,000, marking a 35.66% gain. Notably, GPS has already surged approximately 70% in value recently.

Whale 0x8b6e, who previously made over $1.12M from a long on $AKE, is now going long $GPS on @Aster_DEX. He opened a 2x long on 27.23M $GPS($450K) and is currently up $80K(+35.66%). $GPS has surged 70% recently.

DBS Group Research’s three analysts stated in a commentary that the Bank of Japan (BOJ) may accelerate its interest rate hike pace from the current once every six months to once every 3 to 4 months. The analysts noted: “We have brought forward our expectation for the BOJ’s next rate hike to September, and project two additional hikes in Q1 and Q2 of 2027 respectively, pushing the overnight call rate to 1.75% by mid-2027.” They also pointed out that the BOJ’s recent remarks have turned more hawkish, and the Japanese government appears less opposed to an early rate hike. DBS Group also raised its 2026 GDP growth forecast for Japan from 0.5% to 0.9%, and its 2027 GDP growth forecast from 0.5% to 1.0%. (Jin10)

The Bank for International Settlements (BIS) stated in its annual economic report that optimism around artificial intelligence (AI) has underpinned global growth and risk assets over the past year, accelerating semiconductor procurement, data center construction, and power infrastructure investment while keeping financial conditions loose. However, as AI investment scales up, risks are extending from stock market valuations to corporate bonds, private credit, and supply chain financing. The BIS warns that valuations of core AI companies are already at high levels, with the market’s implied long-term earnings growth rate significantly exceeding historical benchmarks. At the same time, risk premiums for large U.S. equities have narrowed notably, indicating that investors are receiving less risk compensation. If AI investment returns fall short of expectations, or if inflation forces interest rates to rise again, stock markets will face more intense revaluation pressure. The BIS also specifically noted that insufficient transparency in AI financing could amplify risks. Some chipmakers and cloud providers have formed "circular financing" through equity investments, long-term procurement commitments, computing power leasing, and data center sale-leaseback arrangements, with some assets potentially facing double-pledging risks. If equity markets adjust sharply, corporate credit risks will be reassessed, credit spreads may widen, and financing conditions could tighten further.