Politico reports MAGA Inc., the super PAC aligned with Trump, has deployed US$10 mln to Texas — its first election-season expenditure this year.

Japan's Financial Services Agency will review whether domestic financial institutions are adequately assessing credit risks from lending to overseas non-bank lenders and real estate companies. The initiative will be included in the FSA's draft annual strategic priorities, to be finalised in June next year. The move responds to expanding overseas non-bank lending by major Japanese banks—non-bank financial intermediaries are increasing global activity and drawing more funding from Japanese banks—and to rising residential prices in major metropolitan areas that have prompted regional lenders to boost property-related loans. The FSA will also focus on investment and lending policies, project due diligence and risk management for data centers and similar facilities.

Xinhua's national high-end think tank released a report at an Asia-Pacific media forum in Shenzhen on the 5th, reviewing 37 years of APEC achievements and analysing cooperation opportunities and challenges under the current international environment. The report urges building an Asia‑Pacific community focused on openness, innovation and cooperation, calls on APEC economies to prioritise regional common interests to stabilise and upgrade the regional economy, and says APEC will work to strengthen foundations for shared prosperity and unlock long-term development potential.