Asian Currencies Rise as Dollar Weakens; Yen Holds Steady Amid Japan Intervention Watch 
Oil Prices Slip as OPEC+ Boosts August Output, Oversupply Concerns Weigh on Crude Market 
Russia Stocks End Flat at Three-Year Low as MOEX Index Stalls, Gold Prices Climb 
Dollar Rebounds as Euro, Pound Slip Ahead of Fed Minutes, Yen Near Intervention Zone 
New Zealand Consumer Confidence Rises in June as Inflation Expectations Ease 
Oil Prices Steady as U.S.-Iran Peace Talks Ease Strait of Hormuz Supply Fears 
Gold Price Surges Above $4,120 as Weak US Jobs Data Lowers Fed Rate Hike Expectations 
Wall Street Ends Mixed as Weak Jobs Data Lowers Fed Rate Hike Bets, Chip Stocks Tumble 
Goldman Sachs Flags 3 Key Risks Ahead of Europe’s Earnings Season 
China Services PMI Beats Forecasts as Strong Demand Supports June Growth 
Oil Prices Slip as Oversupply Concerns and U.S.-Iran Talks Shape Market Outlook 
Goldman Sachs Raises USD/JPY Forecast, Sees Yen Weakness Persist Through 2027 
Turkey Vehicle Sales Fall 11.4% in June as Auto Market Weakens 
US Stock Futures Rise as Investors Eye Fed Minutes, AI Stocks, and Q2 Earnings 
Asian Markets Slip as AI Earnings Season Looms, Oil Prices Fall Ahead of Key Fed Signals 
Japan Signals Readiness to Act on Yen as Intervention Speculation Grows 
Asian Stocks Rebound as Tech Shares Rally on Fed Rate Cut Hopes and Easing Iran Tensions 
Mitsubishi Corp. will pull out of the $2 billion, 2-gigawatt Vinh Tan 3 power plant project in Vietnam as it shifts away from carbon-intensive businesses in the face of climate change.
The Vinh Tan 3 project is located in the southern province of Binh Thuan.
Mitsubishi has committed to reducing coal power investment to keep in line with international climate goals.
The Japanese trading house has a stake in the Vung Ang 2 coal station project in the central province of Ha Tinh, which is the focus of environmental groups and investors.
Mitsubishi sponsors the Vung Ang 2 coal station project through a joint venture with Hong Kong’s CLP Holdings where they have a 49 percent stake. The Electricity of Vietnam Group has a 29 percent stake with Thai Bin Duong Group holding the remainder.
Japanese companies and financiers are dropping support for coal due to pressure from shareholders and activists.
Japan’s big banks have committed to ending their financing for coal mines and power stations.
Vietnam is expected to shift from a large coal power rollout as renewables investments start to take hold.
