India willing to let fiscal deficit widen to 4.8% of GDP, Bloomberg News reports

Bank of Japan set to hike rates to 31-year high, drop hawkish signals

The Bank of Japan is set to raise interest rates to their highest level in 31 years and will drop hawkish signals.

China orders state-owned banks to cut interbank lending, sources say, aiming to keep borrowing costs from falling too far below the policy rate.

China has told big state-owned banks to reduce their lending in the interbank market, according to sources, in an effort to prevent borrowing costs from drifting too far below the policy interest rate.

EVs capture two-thirds of China's car market in record-breaking week, SCMP reports.

Electric vehicles captured two-thirds of China's car market in a record-breaking week, according to SCMP.

China Jan.-May aggregate financing hits 17.48 trillion yuan, topping 17.15 trillion estimate

China's aggregate social financing for January-May 2026 reached 17.48 trillion yuan, compared with an estimate of 17.150 trillion yuan.