NHTSA closed a petition to open a defect investigation into 137,329 Honda vehicles in the U.S. over alleged all-wheel-drive failures.

Haitong International executive committee member and chief economist Zhang Yidong said in a new report that, after risk release from the Middle East conflict, elevated US Treasury yields and South Korea’s second‑round regulatory deleveraging, markets could begin to turn as early as early August. He judges China’s core equity assets have entered a left‑side accumulation window and may launch an autumn rally starting in August, with Hong Kong stocks possibly stabilizing ahead of offshore peers. A‑shares and Hong Kong stocks, which began adjusting in mid‑May, have already priced in some risks and have largely confirmed a bottom, now trading in low‑volume consolidation and base‑building mode.

BofA now expects the yen to appreciate roughly 6% by year-end after coordinated currency intervention. Analysts including Shusuke Yamada wrote on Wednesday that with joint US–Japan action and expectations of BOJ tightening in coming months, USD/JPY is seen falling from about 158 to 149, versus a prior year-end forecast of 152. They say intervention raises the bar for successfully defending the yen and may require macro policy follow-up—specifically faster rate hikes; moving in September rather than October would let the BOJ demonstrate it is ahead of the curve on upside inflation risk.