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China A-share storage chip sector slumped in the afternoon. NAURA Technology (Beifang Huachuang), Shen Keji, Saiteng and GigaDevice hit daily limit-downs; Jiangfeng Electronics, Jingce Electronics and Zhongke Feice fell more than 10%. Maiwei, Li'angw

2026-07-02

China A-share storage chip sector slumped in the afternoon. NAURA Technology (Beifang Huachuang), Shen Keji, Saiteng and GigaDevice hit daily limit-downs; Jiangfeng Electronics, Jingce Electronics and Zhongke Feice fell more than 10%. Maiwei, Li'angwei, Montage Technology (Lanqi Keji) and Weidao Nano tracked lower.

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2026-07-02

Nomura Research Institute economist Takahide Kiuchi said Prime Minister Takaichi’s economic “basic policy” blueprint, slated for cabinet approval this month, could be used to block further tightening and thus delay the Bank of Japan’s next rate move.

Nomura Research Institute economist Takahide Kiuchi said Prime Minister Takaichi’s economic “basic policy” blueprint, slated for cabinet approval this month, could be used to block further tightening and thus delay the Bank of Japan’s next rate move. He added the BOJ would still raise rates if warranted Despite government opposition, but may partly defer to the government on timing. Kiuchi government warned pressure against BOJ hikes could further weaken the yen and depress bond prices, underlying economic and financial stability.
2026-07-02

China's Taiwan Affairs Office spokesperson Zhu Fenglian said at a regular briefing that mainland authorities have had to suspend tariff concessions on certain products under the 2010 ECFA. Zhu blamed the Democratic Progressive Party for obstructing E

China's Taiwan Affairs Office spokesperson Zhu Fenglian said at a regular briefing that mainland authorities have had to suspend tariff concessions on certain products under the 2010 ECFA. Zhu blamed the Democratic Progressive Party for obstructing ECFA implementation—attacking the pact before taking office, then failing to remove discriminatory trade restrictions, repeatedly changing rules and erecting barriers that disrupted normal cross‑strait economic exchange—and placed full responsibility on the DPP. She said ECFA had previously delivered concrete benefits to Taiwanese firms, especially SMEs and agricultural and fisheries producers.
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