CUSTOMS: China exported 4,735.1 tonnes of rare earths in August, up from 4,223.5 tonnes in July.

At its Sept. 8 interim results meeting Yandong Micro said Yandong Technology’s 12‑inch line is planned at 40k wafers/month; construction capacity has reached 40k and yields exceed 99%, with output set to rise as new products move to mass production. The Beidian Integration 12‑inch project is planned at 50k wafers/month, began construction in 2024, had equipment moved in during Q4 2025 and is in equipment debugging and capacity ramp; mass production is expected by end‑2026 and full capacity by 2030. The company noted foundry profitability remains sensitive to downstream demand, industry supply and upstream costs; both lines are steadily ramping and will approach breakeven as orders and yields improve.

Daiwa Securities strategist Kenta Tadaide said economic fundamentals remain the key driver for USD/JPY. With US inflation data due this week and Fed and Bank of Japan policy meetings next week, an acceleration in US inflation that prompts the Fed toward tighter policy would likely support the dollar, while rising market bets on further BOJ tightening would intensify upside pressure on the yen.