Yuan reference rate is 0.99% weaker than yesterdays close.-bbg
Yuan reference rate is 0.99% weaker than yesterdays close.-bbg
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BEST extends LNG deal with Vitol, securing 4 cargoes/yr thru 2031. Reinforces Brunei's role as reliable Asian supplier.
BOJ hikes growth outlook, holds rates at 0.75%. Yen dips as traders eye fiscal woes and next moves.
China is likely to set a 2026 growth target of 4.5%–5%, down from 5% in 2025, reflecting slower global growth and weaker domestic demand. The shift signals Beijing’s tolerance for moderate deceleration as it prioritises “high-quality” growth.
FTX's Ellison out of prison after 14 mos; forfeited $11B, banned from corporate roles. SBF faces 25 yrs.
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BitGo's $2.59B IPO surges 36% then retraces; sets stage for Anthropic, SpaceX IPOs.
The BOJ held its policy rate at 0.75% by an 8–1 vote, with one member calling for an immediate hike. Core-core inflation forecasts were revised higher, reinforcing expectations of further tightening as wage and price pass-through strengthens.
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