China has ramped up its effort to slow the depreciation of the yuan against the dollar this week and market participants widely believe that the People's Bank of China (PBOC) may follow up with more policy measures if the weakness persists.
Foreign investors hoping for a game-changing rate hike from Turkey's newly appointed central bank chief said Thursday's disappointing move to a key rate of just 15% could keep some money on the sidelines.
Taiwan's government says China will try to interfere in key elections in January by illicitly funding Beijing-friendly candidates using communications apps or group tours, according to three internal security reports reviewed by Reuters.
Foreign investors piling into Asian fixed income and stocks propelled emerging market portfolio inflows to $10.4 billion in May, offsetting Chinese bonds suffering a third straight month of outflows, the Institute of International Finance (IIF) found.
South Korea and Taiwanese equities experienced a huge influx of foreign investment during May, driven by a surge of interest in artificial intelligence (AI) and the subsequent demand for shares of hardware exporters in the region.