China blocks Meta's acquisition of AI startup Manus on national-security grounds; Meta preparing to unwind deal — WSJ exclusive.

China's commerce minister says the country has reached a 'soft landing' with the European Union regarding electric vehicle tariffs.

China's Minister of Commerce announced that the country has reached a 'soft landing' agreement with the European Union regarding tariffs on electric vehicles.

Meta prepares to undo Manus acquisition after China ban, WSJ reports

Meta Platforms is preparing to undo its acquisition of Manus after a ban by China, the Wall Street Journal reports.

Bank of Japan holds interest rates steady as three board members dissent, call for hike.

The Bank of Japan kept its interest rates unchanged, but three board members dissented and called for a rate increase.

Bank of Japan Governor Ueda says a rate hike is possible if the economy avoids significant downside pressure. The central bank continues to monitor economic conditions for future policy adjustments.

Bank of Japan Governor Kazuo Ueda stated that a rate hike remains possible provided there is no significant downside pressure on the economy.