Singapore's state investor Temasek sees growing investment opportunities in Europe as the impact of trade tensions on the economic climate makes some companies more attractive in terms of valuations, a senior executive told Reuters on Thursday, Reuters reported. A trade war, which followed U.S. President Donald Trump's "Liberation Day" on April 2, had led to volatility in global markets and prompted some investors to focus more on European assets.

South Korea’s central bank kept interest rates steady Thursday in a widely expected move, amid easing concerns over the economic outlook and caution against rising household debt, the Wall Street Journal reported. The decision follows a rate cut at the Bank of Korea’s previous meeting in May, when it moved to support the flagging economy. Since then, exports have rebounded despite higher U.S. tariffs, and domestic political unrest has subsided.

Chinese FTX creditors have formally contested the proposed reorganization plan of the bankrupt exchange in the U.S. Bankruptcy Court for the District of Delaware, AInvest reported. The objection, filed by Weiwei Ji, a Chinese customer of FTX, alleges that the current payout proposal unfairly discriminates against creditors in “Restricted Jurisdictions,” including China and other regions. Ji argues that the plan violates Section 1129(b)(1) of the U.S. Bankruptcy Code by allowing “unfair discrimination” between classes of similarly situated creditors.

Australia's central bank said on Thursday it was taking another major step toward a wholesale central bank digital currency (CBDC) with a range of industry partners pursuing projects using real money and assets for the first time, Reuters reported. The Reserve Bank of Australia said its "Project Acacia" initiative would test 19 pilot cases involving money and assets, along with five proof-of-concept use cases involving simulated transactions. The trials involve a range of asset classes, including fixed income, private markets, trade receivables and carbon credits.