Bank of Korea Governor Shin said oil-price rises typically worsen terms of trade, causing GDI growth to lag GDP, but part of the recent energy-price rise has been offset by South Korea's semiconductor exports.

中國央行：今日開展110億元7天逆回購操作，投標量110億元，中標量110億元，操作利率爲1.40%，與此前持平。

Tmall Supermarket has launched in Hong Kong, offering next-day delivery and an initial assortment of more than 80,000 SKUs. Taobao said the launch was one of its Hong Kong initiatives during this year’s 618 sales and signals accelerated overseas expansion. The platform plans to boost Hong Kong pick-up points by about 40% from roughly 1,200 by year-end and will introduce unmanned pick-up points and self-service collection.