Market sources say Xiyin is preparing for a Hong Kong IPO; Xiyin and its advisers could launch the offering within the next few months.

European Commission Executive Vice‑President Dombrovskis said parties signed a joint declaration today committing €15 bln to support an €80 bln investment platform for the EU’s most promising innovators under the European Tech Champions Initiative 2.0.

Mizuho Securities economist Yusuke Matsuo said Prime Minister Takaichi may need more cautious, market‑aware communication on highly sensitive items, notably the funding source for a planned food consumption tax cut and her large investment program. JGB yields have jumped recently as markets fear political pressure could delay Bank of Japan (BOJ) tightening and lift inflation risks. Finance Minister Katayama on Friday stressed the BOJ's independence, saying specific monetary policy measures are decided by the Bank of Japan.