The Head of the Government Communication Agency said Prabowo’s state visit to France resulted in business and investment agreements worth $3.5 billion.
However, Indonesia’s imports from France rose sharply in 1Q26, increasing +138% YoY to $835 million.
France’s gains are already visible, while Indonesia’s gains still depend on whether the announced deals become real domestic value.
Global investors are rushing into Chinese equities:
Foreign inflows into Chinese stocks surged to +$29 billion in April, the highest monthly inflow since January.
This was also the 5th-largest monthly intake on record.
This marks a sharp recovery from two consecutive months of outflows in February and March.
Year-to-date, investors from overseas have poured +$72 billion into Chinese stocks.
As a result, the CSI 300 Index rose +8% in April and is up another +1% so far in May.
Foreign appetite for Chinese stocks is surging.
The AI Revolution is transforming South Korea's economy:
South Korea's exports surged +52.6% YoY in the first 20 days of May, the strongest reading on record.
This marks an acceleration from the already massive +49.4% gain seen in the first 20 days of April.
This is also the 4th consecutive month with growth of at least +40.0%.
The surge was driven by semiconductor exports that soared +202.1% YoY, fueled by AI and data center investment demand.
Furthermore, shipments of computer-related products surged +305.5%, underpinned by continued investment in AI infrastructure.
On an unadjusted basis, exports rose +64.8% YoY, with imports up +29.3%, leaving a trade surplus of $11 billion.
South Korea's economy has never been hotter.