International Markets

China

Elon Musk made a surprise visit to Beijing as Tesla seeks approval to roll out self-driving technology in China after passing data security reviews.

Chinese property shares rallied on hopes of further stimulus measures from the government to boost the struggling real estate sector.

Japan

The Japanese yen surged against the U.S. dollar, prompting speculation of currency intervention by Japanese authorities as the yen briefly hit 160 per dollar for the first time since 1990.

Japan has a history of intervening in currency markets to stem excessive yen moves that could hurt its export-reliant economy.

United States

The Federal Reserve's upcoming interest rate decision this week was a key focus for U.S. markets amid concerns over achieving a soft economic landing.

Thousands of hotel workers planned protests in 18 U.S. cities ahead of contract negotiations with major hotel chains.

Ukraine

Ukraine pulled back forces in the east as the frontline situation worsened amid Russia's tactical advances, with Kyiv making desperate pleas for more U.S. weapon supplies.

The ongoing conflict and its economic impacts were being closely watched by markets.

Germany

Two Ukrainian nationals were stabbed to death in southern Germany, with a Russian man arrested as the suspected perpetrator, highlighting tensions from the Ukraine war spilling over.

Automaker Ford faced a U.S. regulatory probe into its hands-free BlueCruise driving technology over potential safety defects.

Turkey

Turkish Airlines was reported to be in talks with Airbus and Boeing to purchase 235 new aircraft to boost its fleet.

The orders would be a boost for the aerospace manufacturers from an emerging aviation market.

Nigeria

Nigeria secured a $600 million investment from shipping giant Maersk to develop new seaport infrastructure in the country.

The deal highlighted foreign capital inflows into Nigeria's transportation sector.

Spain

Prime Minister Pedro Sanchez decided to remain in office after weighing an exit, following a debate over nepotism allegations involving his wife.

The political tensions had raised questions over the stability of his government.

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