BoE is set to water down stablecoin rules after industry pressure, with Deputy Governor Breeden stating initial plans may have been ‘overly conservative’ and central bank ‘looking very hard’ at alternatives, according to FT

Japanese PM Takaichi says a Japan-related ship passed through Hormuz on Thursday

Honda (7267 JT) FY25/26 (JPY) net loss 423.9bln (prev. profit 835.8bln Y/Y), rev. 21.8tln (prev. 21.7tln Y/Y)

BoE is set to water down stablecoin rules after industry pressure, with Deputy Governor Breeden stating initial plans may have been ‘overly conservative’ and central bank ‘looking very hard’ at alternatives, according to FT

British Chambers of Commerce warned UK manufacturers and construction groups will be hit by significant financial and logistical problems as a result of ministers' plans to double tariffs on steel imports from July 1st, according to FT

BoJ's Masu says need to raise rate at earliest stage possible, adds due attention should be paid to whether inflation triggered by the Yen's depreciation may raise people's inflation expectations and, in turn, affect underlying inflation