emerging markets

US Treasury yields have moved decisively higher, with the 10-year trading around 5.18% and the 30-year near the 5% mark. Commentators say the shift in borrowing costs is rippling beyond America, pressuring emerging markets such as India through capital flows and currency strain. Investors are watching whether higher-for-longer rates persist.

UBS has offered its view on whether the Federal Reserve's tightening cycle represents a turning point for emerging market assets. The question of how higher US rates affect capital flows to developing economies is a recurring concern for investors, and the bank's assessment is being circulated among market watchers tracking the impact on EM currencies, bonds and equities.

Chinese low-cost, open-source AI models now account for the majority of global developer traffic, according to reports drawing concern in Washington. Officials worry the widespread adoption of Chinese models gives Beijing influence over critical software infrastructure worldwide. Analysts note the models' affordability and open licensing have made them attractive to developers, especially in emerging markets, intensifying US-China competition over AI standards and supply chains.

Chinese companies are pushing exoskeleton robots beyond industrial and medical use into the consumer mainstream, according to Nikkei Asia. The wearable robotic devices, which assist movement and reduce physical strain, are being marketed to everyday buyers as prices fall and designs improve, positioning China as a leading player in the emerging consumer robotics sector.

Advanced Micro Devices is being examined for its progress in edge AI computing and life sciences applications, raising questions about what the chipmaker is demonstrating in these emerging markets beyond its core data centre and PC businesses. Commentators are weighing whether its processors and accelerators can win a real foothold in these specialised sectors and what that would mean for investors and competitors.