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South Korea's KOSPI index slipped below 7,400, down 1.13% on the day.

2026-07-13

South Korea's KOSPI index slipped below 7,400, down 1.13% on the day.

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2026-07-13

Quarter-beginning tax payments and a rise in government bond net redemptions are set to tighten liquidity this week. July tax receipts historically run about RMB1.7–1.9 trillion (2021–25); government bond net repayments have risen to RMB568.7 billion

Quarter-beginning tax payments and a rise in government bond net redemptions are set to tighten liquidity this week. July tax receipts historically run about RMB1.7–1.9 trillion (2021–25); government bond net repayments have risen to RMB568.7 billion, producing a combined funding shortfall exceeding RMB2.2 trillion. The PBOC is likely to step up reverse-repo injections to cushion money markets; a RMB900 billion six‑month buyout reverse repo matures this week, leaving scope for net injection. Overnight reverse repos may be reintroduced to smooth short-term volatility—the tool was used at quarter-end on June 29–30 (RMB300 billion and RMB600 billion) to blunt rate spikes.
2026-07-13

The combined turnover of the Shanghai and Shenzhen stock exchanges exceeded 1 trillion yuan for the 274th consecutive trading day.

The combined turnover of the Shanghai and Shenzhen stock exchanges exceeded 1 trillion yuan for the 274th consecutive trading day.
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