Zepto IPO setback highlights fault lines in India's quick commerce sector
We haven't written up this one. Nikkei Asia has the full story — the link below goes straight to it.
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Donald Trump signs fresh executive orders to limit birthright citizenship in US after Supreme Court pushback
Trump had called on the US Congress to act after the 30 June setback from the SCOTUS, but on Thursday he opted to sign executives orders instead, which set a policy for the government, but are not as effective as laws passed by the US Congress.
Chinese Yuan: Bullish tone with upside tests against US Dollar – UOB
United Overseas Bank (UOB) analysts Quek Ser Leang and Lee Sue Ann note that USD/CNH is trading with a soft underlying tone, with scope for the Dollar to test support levels near 6.7420 in the short term, while a sustained break lower is seen as unlikely.
Japan Confirms Three-Day Yen Intervention in Spring to Lift Yen
Japan said it intervened in the currency market three times during the spring Golden Week holiday to prop up the yen, going beyond its recent twin-punch playbook with an additional round in an apparent effort to maximize the psychological impact on investors.