UAE demands immediate repayment of $3.5 billion loan from Pakistan, threatening to deplete 20% of the country's central bank reserves amid rising regional diplomatic tensions.

Bank of Japan Governor Kazuo Ueda says there is no immediate need to raise interest rates. Ueda noted that while six board members are mindful of inflation risks, the central bank does not see an urgent requirement for a rate hike at this time.

Bank of Japan Governor Kazuo Ueda stated there is no immediate need to raise interest rates, noting that while six board members are mindful of inflation risks, they do not see current urgency for a hike.

Bank of Japan Governor Ueda says underlying inflation has not fully stabilized at 2%.

Bank of Japan Governor Ueda noted that underlying inflation has not fully stabilized at the 2% level.

Bank of Japan holds interest rates steady with a hawkish tone, setting the stage for other central banks to tighten policy.

The Bank of Japan held interest rates steady but adopted a hawkish tone, setting the stage for other central banks.

China's Politburo announces a deepened crackdown on "involution-style" competition, according to state media reports. The move signals a continued regulatory focus on curbing intense, hyper-competitive market practices.

The Chinese Politburo has announced a deepened crackdown on "involution-style" competition, according to a report by Xinhua.