South Korea's KOSPI opened on Aug 28 (Friday) down 66.91 points, or 0.97%, at 6,845.46. Samsung Electronics fell 1%; SK Hynix fell 1.8%.

The year’s 18th typhoon, Shader, was centered at 13:00 on the 28th in Taishun County, Wenzhou, Zhejiang, with maximum winds near the center at force 10 (strong tropical storm). It is moving WSW at about 20 km/h, expected to weaken and enter northern Fujian on the afternoon of the 28th. At 14:00 on the 28th Fujian provincial typhoon command downgraded the typhoon emergency response to level 3 and maintained the flood-control emergency response at level 4.

ECB ACCOUNTS: Pausing in September to wait and reassess policy was viewed as a reasonable decision.