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Bank of Japan Deputy Governor Himino said the risk of a severe recession facing the economy has diminished.

2026-08-27

Bank of Japan Deputy Governor Himino said the risk of a severe recession facing the economy has diminished.

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2026-08-27

At 10:00 on Aug. 27 the Central Meteorological Observatory continued to issue a typhoon orange warning and a heavy-rain yellow warning. China's Ministry of Transport raised its typhoon defense response to Level II and maintained a Level III response

At 10:00 on Aug. 27 the Central Meteorological Observatory continued to issue a typhoon orange warning and a heavy-rain yellow warning. China's Ministry of Transport raised its typhoon defense response to Level II and maintained a Level III response for heavy rainfall, ordering point-to-point dispatches to transport authorities and maritime bureaus in Zhejiang, Fujian and Shanghai. The ministry instructed authorities to closely track the typhoon path and rainfall, carry out response, inspection and control measures, and suspend operations, close facilities or evacuate where required; it said it will adjust response levels as weather warnings change.
2026-08-27

Bank of Korea raised its policy rate 25bp to 3.00% from 2.75%. This is the second consecutive rate hike and was in line with market expectations.

Bank of Korea raised its policy rate 25bp to 3.00% from 2.75%. This is the second consecutive rate hike and was in line with market expectations.
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