☕️ Good morning, friends,

our office cat Meimei just sent us an article from Vietnam: apparently, this man’s fingernails are worth nearly 300,000 USD. 👀

Meimei’s analyst take: if we stop trimming her claws, our company valuation could skyrocket too.

Well… we’re not so sure about that.

P.S. A warm welcome to all our new subscribers from the past few days!

Highlights

🚀 Record run in Tokyo and Singapore

In Tokyo, the Nikkei jumped 4.8% to a fresh record high, led by semiconductor stocks. The rally was driven by the multi-billion-dollar AMD–OpenAI deal, which reignited the global AI boom and sent Japan’s tech sector soaring.

Singapore also continued its winning streak: the Straits Times Index rose intraday to a new all-time high of 4,423 points. Analysts expect a continued market re-rating, arguing that the gains are structural rather than speculative, with bank and defense stocks particularly in demand.

TOP BIT

🇬🇧 BYD overtakes Tesla in the UK

Chinese EV maker BYD is making history in the UK: in September, the company sold 11,271 vehicles, an 880% increase year over year. With more than 35,000 cars sold since January, the UK has become BYD’s largest overseas market.

What’s especially striking: the boom comes without government subsidies, as London excludes Chinese brands from its EV grant program.

The Details

🚗 Winning models: The plug-in hybrid SEAL U DM-i and the electric SUV SEALION 7 are bestsellers. The smaller Dolphin starts at around …