US-Japan Yen Intervention: The US joined Japan in a rare coordinated move to buy yen for the first time since 1998, aiming to curb volatility after the currency hit multi-decade lows and raising pressure on the Bank of Japan to tighten policy. Japan Economy Outlook: The BOJ expects moderate growth in FY27 with inflation likely to move clearly above 2% later in the year, supported by policy measures and AI-driven demand. China Industrial Policy: Beijing launched its first “carbon-efficiency leaders” program for key heavy industries, while also defending its export-led model ahead of looming US-EU trade talks. China Trade Narrative: China pushed back on “overcapacity” claims, arguing Western accusations ignore how scale and demand link to production. India Trade Numbers: India reported FY25-26 trade rising to $1.84 trillion and a narrower deficit, alongside export-focused policy tools and manufacturing support. India Fuel Windfall Taxes: India raised windfall taxes on petrol, diesel and aviation fuel amid volatile oil prices. Bangladesh-India Tensions: Dhaka warned that continued political activity by Sheikh Hasina from Indian territory could harm bilateral relations and sought India’s position ahead of a planned media event. ASEAN Security Push: Indonesia and Thailand pledged to strengthen ASEAN resilience and back Myanmar’s Five-Point Consensus. Tech & Business: CXMT, after a blockbuster IPO, is considering a second Beijing memory-chip plant; Bitget is exiting Japan’s market as crypto rules tighten. Energy & Trade Deals: The first tariff-free Scottish salmon shipment reached India under the UK-India FTA.