Only about 30% of Japanese companies have taken substantive measures to ensure economic security, such as diversifying procurement sources and strengthening cybersecurity, with less profitable firms tending not to take any such action, according to a government report released on Friday, the Japan Times reported. According to the 2026 white paper on manufacturing industries, adopted at a Cabinet meeting the same day, the proportion of firms working on economic security measures had risen from about 40% in fiscal 2024 to about 60% in fiscal 2025.

Insurance Australia Group Ltd. said it has agreed to a settlement of proceedings brought by Greensill Bank AG and its insolvency administrators, Bloomberg reported. IAG said that the settlement won’t have a material impact on its financial position, according to a statement on Friday. Terms of the settlement are confidential, it said. The Greensill Bank proceedings are a subset of the litigation against Insurance Australia and other parties in the Federal Court of Australia. They relate to policies issued by BCC Trade Credit Pty on behalf of Insurance Australia to Greensill entities.

Japan spent more than $73 billion to support the yen over the past month, representing its first intervention since 2024 as officials grow concerned about a weaker currency driving up the cost of imports such as food and energy, the Wall Street Journal reported. The yen has come under fierce pressure in recent months as the Middle East conflict spurs haven demand for the dollar. Japanese officials had tried to cool speculative activity by threatening to intervene, even using meetings with U.S. officials to discuss potential joint action.

The recoveries under the Insolvency and Bankruptcy Code (IBC) against admitted claims nearly halved in FY 2025-26 to 23 per cent from 46 per cent in the preceding financial year due to rising delays, a report said on Thursday, according to the Economic Times of India reported. At the same time, the number of cases admitted in the corporate insolvency resolution process (CIRP) declined by 5 per cent to 679 from 724, according to a report by rating agency Icra.

“Made in China” is becoming “made by China”—all over the world. Faced with higher Western tariffs and weak demand at home, many Chinese factories are moving abroad, making everything from appliances to automobiles everywhere from North and South America to Eastern Europe, the Wall Street Journal reported. More Chinese companies could be coming to the U.S., after President Trump and Chinese leader Xi Jinping reached a deal in Beijing this month to establish a new bilateral “board of investment.” Yet many leaders, especially in the U.S.

South Korea’s central bank held rates steady at its first meeting under Gov. Shin Hyun-song, though it signaled tighter policy ahead as it raised its forecasts for economic growth and inflation, the Wall Street Journal reported. The Bank of Korea kept its benchmark seven-day repurchase rate unchanged at 2.50% on Thursday, marking the eighth straight meeting without a change. “There is a need to raise interest rates at an appropriate time in the future,” said Gov. Shin, who assumed office in April and chaired his first rate-setting meeting earlier in the day.

Japanese banks are, in a historic shift, competing to shore up their deposit base as lending ​opportunities grow and consumers, seeking to beat inflation, shift their savings into a booming stock market, Reuters reported. While banks had ‌been able to count on ample deposits for decades, growing prospects domestically are pushing them to get creative or risk having to put a brake on lending. Interest on deposits is rising as the Bank of Japan gradually raises rates, but consumers are also seeing inflation eating into their savings after decades of deflation.