Live Updates

12

Aug 2025
In Washington, leaders from South Korea and the US will discuss economic security and alliances

South Korean President Lee to meet President Trump, aiming to strengthen alliance and economic security cooperation.

12

Aug 2025
In July, Australia’s business confidence rose to a three-year peak, amidst inflation concerns and varied conditions

Business confidence hits three-year high; sales rise, but conditions weaken amid inflation and expected rate cuts.

12

Aug 2025
China has relaxed trade restrictions on 12 US companies, allowing case-by-case licence applications for exporters

China eases export controls, allowing case-by-case trade with restricted entities, lifting restrictions on 12 U.S. firms.

12

Aug 2025
The PBOC established the USD/CNY rate at 7.1418, surpassing projections of 7.1901.

PBOC sets stronger yuan midpoint, drains liquidity with net 46.1B yuan pullback via maturing repos.

12

Aug 2025
The central bank of Singapore confirms its policy is suitable and can effectively manage risks

MAS maintains current policy, citing effective risk response; GDP growth exceeded forecasts, supporting a cautious approach.

12

Aug 2025
The PBOC is anticipated to establish the USD/CNY reference rate at 7.1901, according to Reuters estimate

The PBOC sets a daily midpoint for the yuan, allowing controlled fluctuations within a 2% trading band.

12

Aug 2025
Both the Nikkei and Topix indexes in Japan have reached unprecedented market highs recently

Japan’s Nikkei and Topix indexes hit record highs, reflecting strong performance across Japanese blue-chip companies.

12

Aug 2025
Singapore’s Q2 economy grew 4.4% annually, surpassing estimates, while 2025’s GDP forecast was raised

Singapore’s economy grows 4.4% in Q2; 2025 GDP forecast revised amid uncertain global outlook.

12

Aug 2025
Trump has prolonged the suspension of tariffs on China for an additional 90 days.

Trump extends China tariff suspension; Nikkei hits record; UPS drops; recession signs emerge; Fed under pressure.

11

Aug 2025
Economists predict GBP weakening against EUR due to rate cuts, with limited decline against USD

Bank of England to cut rates quarterly until 2026; weaker pound expected amid disinflation and uncertainty.

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