Asian stocks still have room to run even after a blistering first-half rally, while investors should continue diversifying into commodities as geopolitical shocks reinforce long-term demand for metals and energy infrastructure, Goldman Sachs said. The Wall Street bank highlighted that the same structural themes driving Asia's equity outperformance — artificial intelligence, power infrastructure and defense spending — are also strengthening the case for commodities, particularly copper and gold. In its second-half Asia equity outlook, Goldman urged investors to "stick with the winners," arguing that earnings growth, rather than valuations, remains the dominant driver of markets. The bank retained an overweight...