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Russian Gas Stations Begin Easing Purchase Limits as Officials Say Fuel Market Shows Signs of ‘Stabilization’

Major gas station chains in some Russian regions have begun rolling back gasoline purchase limits, the pro-Kremlin newspaper Izvestia reported Tuesday, with the easing of rationing measures concentrated in major urban centers like Moscow and St. Petersburg, as well as parts of southern Russia.

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Korea Barbeque'd: Kospi Crashes As Chip Stocks Tank, AI Token Index Spirals Lower

South Korean stocks plunged on Tuesday as concerns over circular AI financing and China's expanding DUV lithography capabilities (read here) were top of mind among investors. Adding to the pressure, chipmakers may not have found a floor just yet because Silicon Data's LLM Token Expenditure Index continues to slide, …

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Futures Slide As Tech Rout Continues, Kospi Halted As It Crashes 10%

Futures extend Monday's losses as the Tech tape continues to unravel; global Semis were hit yesterday and again overnight (despite the best attempts of Goldman and JPM to force retail to buy the falling knives) with Asian stocks and especially Korea (-10%) bearing the brunt with fears of Chinese competition accelera…

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