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Gold prices fell in Malaysia on Thursday, according to data compiled by FXStreet.

GBP/USD continues its winning streak for the sixth successive session, trading around 1.3260 during the Asian hours on Thursday. The pair appreciates as the US Dollar (USD) struggles amid rising odds of Federal Reserve (Fed) rate cut bets in December.

BoJ board member Asahi Noguchi said today that the central bank could resume interest rate hikes once U.S. tariff risks recede, but emphasized that any tightening must “measured, step-by-step”. He warned that maintaining very low real interest rates for too long risks undermining the economy by pushing Yen lower and stoking undesirable inflation. A weaker […]

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China is rapidly narrowing the space for foreign companies to trade with it, pursuing a model in which self-reliance overrides openness. As the FT argues, Beijing increasingly sees no imported product it cannot eventually redesign, produce more cheaply and control domestically. The country remains a major buyer of semiconductors, software, large commercial aircraft and advanced manufacturing equipment — but only temporarily.

China treats these purchases as a student absorbs training: essential for now, but merely a stepping stone. Its industrial policy is geared toward replacing foreign suppliers in every strategic sector, and ultimately exporting these same technologies abroad. The message for global manufacturers is blunt: China may still be a huge customer today, but it is working relentlessly to ensure it will no longer need them tomorrow.

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The narrative underscores long-term competitive pressure on global tech, aerospace and industrial-equipment exporters, heightening concerns around market access, supply-chain decoupling and strategic overdependence on China.

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This article was written by Eamonn Sheridan at investinglive.com.

Fitch Ratings warned that Japan’s new stimulus package could add fiscal risks if it leads to a sustained loosening of policy and pushes government debt higher. While the package is large — roughly 3.4% of GDP — Fitch said its true fiscal impact is unclear because some measures are non-fiscal, spread over multiple years, or face implementation risk.

Fitch noted Japan still has rating headroom after recent stronger fiscal performance, but stressed that persistently higher spending or rising real interest rates could threaten the country’s A/Stable rating. The agency continues to expect debt/GDP to decline gradually in coming years, but reiterated that Japan’s exceptionally high debt and weak medium-term growth remain major vulnerabilities.

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The Fitch caution may moderate JGB bullishness and raises focus on Japan’s debt path and policy mix, though the agency’s tone remains measured rather than overtly negative.

This article was written by Eamonn Sheridan at investinglive.com.

The Japanese Yen (JPY) gains some positive traction during the Asian session on Thursday and stalls its modest pullback from a one-week top, touched against a broadly weaker US Dollar (USD) the previous day.