Turkey’s central bank lowered borrowing costs for a second meeting in a row, noting that inflation continued to trend lower, the Wall Street Journal reported. The central bank said Thursday that it would lower its benchmark rate to 40.5% from 43%. It had previously cut its key rate to 43% from 46% in late July. “The underlying trend of inflation slowed down in August,” the central bank said.

Indonesia’s newly minted finance minister has hit the ground running, promising to inject about $12 billion into the economy to support growth, the Wall Street Journal reported. His comments helped calm stock markets after recent volatility, with the benchmark Jakarta Composite Index up as much as 1.6% on Thursday as investors welcomed the efforts to increase liquidity and revive growth.

In the span of 24 hours last week, President Trump managed to roil both South Korea and Japan, two longtime allies that less than two months earlier had said they would invest a combined nearly $1 trillion in the United States in exchange for lower tariffs, the New York Times reported. Last Thursday, U.S. immigration officials raided the construction site of a major Hyundai-LG plant in Georgia, a flagship project by two of South Korea’s most prominent companies.

China will roll out a three-month nationwide campaign to curb online misconduct in the auto industry, aiming to foster fairer competition in the country’s rapidly growing new energy vehicle (NEV) sector, according to a notice released on Wednesday by the Ministry of Industry and Information Technology, China Daily reported.

The National Company Law Appellate Tribunal (NCLAT) has upheld a February 2025 order by the National Company Law Tribunal (NCLT), which cancelled the initiation of insolvency proceedings against Noida-based Logix Infrastructure, developer of the delayed Blossom County project in Noida Sector 137, the Hindustan Times reported. The tribunal called the IBC petition a fraudulent misuse of the insolvency law and recalled the corporate insolvency proceedings against Logix Infrastructure.

Mexico said on Wednesday it will raise tariffs on automobiles from China and other Asian countries to 50%, in a broad overhaul of import levies the government said would protect jobs and analysts said was aimed at placating the United States, Reuters reported. The Economy Ministry said that the moves, which will increase tariffs to varying degrees on goods across multiple sectors including textiles, steel and automotive, would impact $52 billion of imports.

China’s deflationary pressures persisted in August, with a gauge of consumer prices slipping back into contraction as an uncertain growth outlook dents sentiment, the Wall Street Journal reported. The country’s consumer-price index fell more than expected last month, underlining worries that deflation may be becoming entrenched. Data from the National Bureau of Statistics showed that the index fell 0.4% from a year earlier in August after being flat in July.

U.S. tariffs on Japanese goods including cars and auto parts are set to be lowered by September 16, Japan's tariff negotiator Ryosei Akazawa said on Tuesday, Reuters reported. Citing a U.S. Federal Register document dated September 9 that formalised President Donald Trump's executive order on the U.S.-Japan trade deal, Akazawa said in a press conference the revised tariff rates on Japanese goods will take effect within seven days from its publication.

Vietnam's exports to the United States fell 2% in August from July to $13.94 billion, Vietnamese customs data showed on Tuesday, as a tariff of 20% on shipments to the United States took effect, Reuters reported. Imports from China also fell 2% in August from July, the Customs Department said. The Trump administration has repeatedly accused Vietnam of being used as a transshipment hub for Chinese goods directed to the United States.