The IMF warned Thailand’s incoming government to manage fiscal policy prudently as public debt has climbed close to the 70% of GDP ceiling and buffers need rebuilding. It urged restraint on new spending and better targeting to safeguard long-term stability.

China’s finance minister said fiscal policy will stay flexible and that the government debt ratio—put at about 68.7% of GDP—is “reasonable,” with room to support growth amid weak demand and property stress.

China began piloting its “Fengqiao” grassroots surveillance model in a Solomon Islands village, introducing biometric collection and community mapping to curb unrest, with plans to expand nationwide.

A Taiwanese lawmaker said the defense ministry will seek up to US$33 billion in special funding over seven years to harden defenses, with the final amount depending on ongoing arms talks with the U.S.

The U.S. and Japan reaffirmed that exchange rates should be market-determined and said interventions should address disorderly moves, not gain advantage, while keeping bilateral FX consultations open.

Nepal’s protest leaders and the army held talks to agree on an interim leader after deadly unrest forced political upheaval, as authorities sought to restore order in Kathmandu.

Cambodia’s central bank chief said new U.S. tariffs have had limited impact so far, downplaying fears of investor flight or factory relocations from the garment-heavy economy.

Indonesia is considering increasing an already planned ~$12 billion liquidity injection into state-owned banks to boost lending and support growth.

The government has begun seizing mines and plantations that allegedly violate environmental or licensing regulations, broadening its regulatory enforcement over natural resource sectors.

The Reserve Bank of Australia warned that geopolitical instability is ending the era of stable gains from peace and globalization, meaning higher risk and more uncertainty for trade, investment, and supply chains.

Consumer spending in New Zealand fell in the June quarter, adding to signs that the economy may be contracting despite earlier hopes for recovery.

China’s finance minister said that the government will maintain flexible fiscal policy and assured that the debt-to-GDP ratio remains reasonable even as the economy faces challenges in demand and the property sector.

China has begun piloting a surveillance and community mapping program in a village in the Solomon Islands using a model similar to its domestic programs, with plans to expand.

A Taiwanese lawmaker says the defense ministry plans to request up to US$33 billion over seven years to strengthen defensive infrastructure and capabilities, with final amounts dependent on arms deals.

The U.S. and Japan reaffirmed that they will not manipulate their currencies for trade advantages, insisting that exchange rates be market-driven, with any intervention limited to preventing disorderly market behavior.

Following deadly protests, Nepalese leaders, including military figures, are engaging in discussions about forming an interim leadership to stabilize the country.

Cambodia’s central bank chief has said that although U.S. tariffs have raised concerns, so far the economic damage has been limited and there has been no mass exodus of manufacturing investment.

China has cautioned Mexico over proposed tariff increases on Chinese imports, suggesting that moves may be interpreted as yielding to U.S. pressure and could invite diplomatic or trade backlash.

Mexican President Sheinbaum is working to ease tensions with China following criticism of her government’s proposed high tariffs on Chinese goods, arguing that the measures are meant to protect domestic industries and predate recent U.S. trade policy changes.

Peru’s central bank has reduced its key policy interest rate to 4.25%, the lowest in three years, citing falling inflation and weaker demand.