Asia Market Movers: Chinese President Xi meeting with US President Trump has begun

Thursday, 30 Oct, 2025 News Chinese President Xi meeting with US President Trump has begun The long awaited meeting has begun. Earlier: Senate Democrats warn Trump: Don't trade away national security secrets for China deal Trump trading away top AI and associated technology for soybean sale Central Banks Preview - BoJ walks tightrope as yen drops and political coordination delays hikes Markets are firmly convinced that the arrival of Prime Minister Sanae Takaichi will mean monetary policy will remain loose for longer. Since her elevation to Liberal Democratic Party leader on October Learn more Stocks Toyota says no immediate chip shortage from Nexperia curbs Toyota Motor CEO Koji Sato said the automaker does not face an immediate chip shortage following China's export curbs on Dutch semiconductor firm Nexperia, though he acknowledged potential production Central Banks PBOC sets USD/ CNY mid-point today at 7.0864 (vs. estimate at 7.1056) The People's Bank of China (PBOC), China's central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate sy News Trump says instructed department of war to start testing our nuclear weapons Trump: Because of other countries testing programs, I have instructed department of war to start testing our nuclear weapons on an equal basis Process will begin immediately Trump osted his announceme News US Commerce Secretary Lutnick - semiconductor tariffs are not part of US-South Korea deal U.S. Commerce Secretary Lutnick announces South Korea $200M investment in Alaska's natural gas project. says semiconductor tariffs are not part of U.S.-South Korea deal Stocks Calpers to vote against Elon Musk's $1 trillion Tesla pay package The California Public Employees' Retirement System (Calpers), the largest U.S. public pension fund, said it will vote against Elon Musk's proposed $1 trillion compensation package at Tesla, setting up News China's Premier Li says need to expand domestic demand, deepen supply-side reforms China's Premier Li says its necessary to Implement requirements of high-quality development in all fields and aspects of economic and social development Promote high-quality development as the theme, Learn more News Australian export and import prices both fell in Q3 Australia Import Price Index (Q3 2025 ) -0.4% q/q expected -0.3%, prior -0.8% Export Price Index -0.9%, held back by weakness in commodity prices prior -4.5%

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