On Sept 2 COSCO Shipping Special Transport General Manager Gu Weidong led a delegation to BYD Auto Industrial Co. and met BYD Planning Division General Manager Yin Zhenlong. They discussed global capacity and route layout, long-term cooperation guarantees and feeder transshipment solutions, and agreed to formalize regular communication, deepen strategic cooperation and推進 the transformation and upgrade of the global auto supply chain.

Japan net sold foreign bonds JPY 824 bln in the week to Aug. 28; the prior week's net sale was revised to JPY 1,976.8 bln from JPY 1,978.4 bln.

Swiss CPI rose 0.8% YoY in August versus 0.4% in July, exceeding all 16 economists in a Bloomberg survey, the Federal Statistical Office said on Thursday. This is the highest reading since September 2024 and suggests franc weakness is beginning to feed through to the real economy. It is the last inflation print before the SNB’s rate decision later this month; although the print overshot expectations, it remains broadly consistent with the SNB’s projected quarterly average inflation — a rebound policymakers will welcome. The report also indicates the Middle East energy shock has had a relatively muted impact on Swiss prices compared with larger neighbor effects.