As the Federal Reserve cuts interest rates, central banks across Asia are responding with their own easing measures. The Bank of Japan (BoJ) maintained its short-term interest rate target at 0.5%, as expected, while other countries in the region are also taking steps to stimulate their economies.

In a move that could have significant implications for global trade, China has been selling off its holdings of US Treasuries, reaching a record high even as foreign investors continue to snap up the debt. This comes as Canada has ended its fight against US lumber duties, seeking a wider deal instead.

Meanwhile, President Trump is leaning on Europe to use oil as a pressure point on Putin, while China seeks a trade edge by shunning US soy since the 1990s. Asian-American firms are feeling the brunt of Trump’s tariffs, with lawmakers warning of devastating consequences.

Deutsche Bank CEO is set to face a multimillion-pound lawsuit, while Hyundai Motor plans to invest $55B and increase US production by 2030. Nvidia plans a $5B investment in rival Intel, spending $900M on Enfabrica, while Microsoft boosts Wisconsin data centre spending to $7B.

Lennar’s profit has taken a hit as the housing market remains stalled, while FedEx saw profits and sales rise due to improvements in US shipping. The easing wave across Asia is expected to continue, with central banks working to stimulate their economies and counter any potential slowdown from the trade tensions.