OCT 01, 2026: Korea's $200B US investment plan, Seoul chip losses on a deepening memory shortage, and India's RBI turning hawkish are the three stories driving Asia's open.

Geopolitics: North Korean soldiers crossed the MDL about 50 times in Aug.-Sept., and South Koreans' distrust of the North is at a record high. That keeps a bid under Korea risk hedges even as Seoul trades chips. Korea: Seoul stocks are down a 3rd day as Treasury yields rise, but the memory shortage is deepening and extending the boom for Korean chipmakers. This is a yields-vs-earnings fight — chips win the earnings leg. India rates: $BAC sees 100 bps of RBI repo hikes through H1 2027. The issue is $133B of inflows is now an RBI decision factor, and the RBI's net short forward book

Geopolitics: North Korean soldiers crossed the MDL about 50 times in Aug.-Sept., and South Koreans' distrust of the North is at a record high. That keeps a bid under Korea risk hedges even as Seoul tr