Boeing (BA.N) said Korean Air has finalized an order for 103 widebody and single-aisle aircraft.

Prime Minister Takaichi's cabinet approved a plan to cut the consumption tax on retail food and beverages from 8% to 1% from April for two years, part of an election pledge to ease household cost pressures. The measure is estimated at about 5 tln yen; under the current proposal the government would not issue new debt to finance it and a final funding plan will be decided by year-end. The government plans to submit the bill to an extraordinary Diet session expected next month. The package includes subsidies for tax-exempt farmers and fishers to offset income losses and support for restaurants to expand takeout; dine-in sales will remain taxed at 10%.

Hong Kong chief executive John Lee unveiled the SAR’s first five-year economic and social development plan (2026-2030), pledging measures to facilitate cross-border vehicle flows and advance cross-border autonomous driving. The plan calls for continued optimisation of northbound access for Hong Kong-registered vehicles and southbound access for Guangdong-registered vehicles, promotion of interoperable EV charging infrastructure, and proactive planning and implementation of strategically significant cross-border autonomous-driving pilot projects to support scaling and commercialisation amid rising cross-border travel and commuting demand.