South Korea’s president warned that US chip tariffs would mainly drive up American prices, as Asia’s semiconductor dominance limits Washington’s leverage. Summary: Lee says US …
China’s central bank leaned against yuan strength with a firm fix, signalling a desire to slow appreciation rather than block it outright. Summary: PBOC set …
Japan’s DPP called for decisive steps to calm bond and FX markets, warning ultra-long yield volatility risks destabilising broader financial conditions. Summary: DPP says market …
A violent JGB sell-off driven by election-linked fiscal fears jolted global rates before a tentative Wednesday rebound eased worst-case worries. Summary: Japan’s long-end yields surged …
China is lining up a five-year consumption drive, pairing near-term loan subsidies and credit guarantees with a strategic shift toward services-led demand growth. Summary: China …
South Korea signalled tolerance for FX volatility, saying the won should strengthen toward 1,400 as authorities work to stabilise markets. Summary: South Korea says it …
The PBOC follows a managed floating exchange rate system that allows the value of the yuan to fluctuate within a +/- 2% range, around a …