Japan's borrowing costs hit a 30-year high after the US Fed chair used more hawkish rhetoric; oil prices are up again as hostilities resume in the Middle East.

Shein falls in Hong Kong; Itochu plans offer for Dentsu Soken; Ares closes Japan fund; KKR's Asia investments; DigitalBridge acquires in Australia; HDFC Bank CEO to leave.

Jonathan Chau becomes MD, capital markets, Asia (ex-Japan), and Reeves Yan is named head of Hong Kong capital markets.

European demand for Singaporean credit remains strong.

Nicolas Vix, senior country officer for China, replaces Jean-François Deroche in Hong Kong.

Tomoyuki Sasai is stepping up to replace Marc Saffon, who becomes Japan country head at the French bank.

Several financial institutions and tech partners will test three dozen use cases spanning risk management, fraud prevention and customer experience.

Benjarong Suwankiri, a former vice minister for finance, will join Thailand's exchange in October.

Proposal from the Japan and US semiconductor firms for flash memory technology is contingent on government support.

With diversification a key driver, demand is driving the momentum in RMB usage across investment, hedging and settlement activities. The next phase reflects a shift from building access to improving usability, driven by stronger market infrastructure and expanding digital use cases.