Hungarian Prime Minister Viktor Orban said on Wednesday a proposed global minimum corporate tax is "absurd" and his government would need to consider contingency plans if the initiative goes through.
China's foreign exchange deposits hit a record high of $1.01 trillion at the end of May, compared with $1 trillion a month earlier, the central bank said on Thursday.
Two-way volatility in the yuan exchange rate will become normal, and factors influencing the Chinese currency are complicated, the head of China's foreign exchange regulator said on Thursday.