Thursday, August 13, 2026 — India's food inflation threat, Sony-TSMC's $37B Japan chip push, and Foxconn downplaying AI server competition.

India's inflation outlook is flashing a food warning — monsoon disruptions and supply chains could keep RBI hawkish longer than the market thinks. Sony and TSMC just took Japan chipmaking investment to $37B — this is the quiet reshaping of global semis supply chains, and it's accelerating. Foxconn says AI server competition isn't a threat — when the key Nvidia supplier feels the need to downplay rivals, that's a signal worth watching. Putin's first Kuril Islands visit is a direct jab at Japan — Russia-Japan ties at new lows, and this adds geopolitical risk premium to the region. China's "Go Global 3.0" thesis — from solar to AI — suggests Beijing is pushing export-led tech dominance, not just domestic demand. US soybean growers are pivoting away from China on deflation fears — that's a real demand signal for commodities and a China macro tell. Russia buying gasoline from India for the first time — the energy trade map is being redrawn in ways that would've been unthinkable three

India's inflation outlook is flashing a food warning — monsoon disruptions and supply chains could keep RBI hawkish longer than the market thinks.