U.S. Treasury Secretary Bessent said that under Prime Minister Takaichi the government has reduced intervention in economic policy and should 'sit back and enjoy' Abenomics' success, letting it develop naturally.

China Eastern Airlines disclosed on Aug 30 that 1H revenue was 74.23 bln yuan, up 11.09% YoY. Net loss attributable to shareholders was 2.179 bln yuan versus a 1.431 bln yuan loss a year earlier; basic EPS -0.11 yuan. Company cited a sharp rise in jet fuel prices as the primary drag on results.

Japan's Honda and Nissan have agreed to jointly develop a new operating system and electronic control unit (ECU) based on Nissan technology and plan a formal announcement on the 31st. They intend to fit vehicles due in 2029 with integrated ECUs and an OS to create software-defined vehicles (SDVs) capable of ongoing feature upgrades via over-the-air (OTA) updates. The companies began SDV talks in March 2024—about 2.5 years ago—and previously held, then halted, separate management-integration negotiations in February last year.