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Trump scaling down U.S.-South Korea drills risks more than just joint military readiness

The move by Trump also will start to raise questions about the credibility of Washington's commitment to alliances.

We haven't written up this one. CNBC has the full story — the link below goes straight to it.

Also reported by 2 other outlets

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Korea’s Net External Financial Assets Hit 12-Year Low as KOSPI Surges

Net external financial assets, which represent the value of assets held overseas by South Korean residents minus foreign investments in Korea, fell to their lowest level in 12 years.

  • South Korea's net external financial assets reached a 12-year low in June.
  • Decline attributed to surge in KOSPI value for foreign investors.
  • Korea's external financial assets hit record $3.08 trillion.

Global PE Investment Holds Steady At $1 Trillion

Despite geopolitical risks and macroeconomic uncertainty, the global private equity (PE) market has shown resilience by continuing investments centered on core assets such as artificial intelligence…

  • Global private equity investments remained steady at $1 trillion in H1.
  • Americas led with $545 billion, KKR's $10B deal for Helix Digital Infrastructure largest.
  • Technology sector saw highest investment at $354.7B, followed by industrial manufacturing.

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