Japan PM Sanae Takaichi Plans Temporary Food Tax Cut to Ease Inflation Pressure 
RBA Signals More Rate Hikes Possible as Australia Battles Stubborn Inflation 
Oil Prices Jump 4% as Iran Missile Strike Revives Middle East Supply Fears 
Gold Prices Fall 1% Ahead of Fed Decision as Markets Watch Warsh, Iran Talks 
Hong Kong Home Prices Extend Winning Streak With 13th Straight Monthly Gain in June 
Asian Currencies Hold Steady After Fed Decision as Dollar Finds Support 
European Stocks Edge Higher as Strong Earnings Offset Inflation and Fed Rate Concerns 
Gold Price Holds Near $4,025 Ahead of Fed Decision as Middle East Tensions Lift Oil 
US Dollar Slips Ahead of Fed Decision as Oil Prices Ease Inflation Fears 
US Stock Futures Slip as AI Spending Fears, Fed Decision Weigh on Markets 
Dollar Holds One-Month High as Fed Rate Hike Bets Grow, Yen Remains Under Pressure 
Asian Stocks Slip as Fed Holds Rates, Samsung Earnings Fail to Lift AI Sentiment 
Fed Holds Interest Rates Steady as Kevin Warsh Says Rising Treasury Yields Tighten Financial Conditions 
Asian Stocks Sink as AI Spending Fears and China Chip Advances Hit Tech Shares 
BOJ Rate Decision in Focus as Sticky Inflation, Weak Yen Shape USD/JPY and Nikkei Outlook 
South Korean Chip Stocks Plunge as AI Spending Concerns and China Competition Shake Market 
US President Donald Trump has issued executive orders that would ban messaging app WeChat and short-form video app TikTok in the US in 45 days if their parent companies do not sell them.
The announcement sent shares of Tencent, which owns WeChat, plunging as much as 10 percent in Hong Kong, although it pared back some of those losses to end the day down nearly 5 percent.
Trump had warned on banning TikTok unless it is sold to an American company.
WeChat's inclusion indicates that the US is broadening its restrictions in letting Chinese apps operate in their country.
Paul Triolo, head of political risk consultancy geotechnology at Eurasia Group, described moves to ban TikTok and WeChat as an "unprecedented intervention" by the US in consumer technology.
The move marks the first time the US government attempted to ban a software app on millions of phones in the US.
Many in the US rely on WeChat to communicate with those in China.
WeChat provides a range of services, such as instant messaging and sending money.
The ban would apply to any WeChat-related transaction made by any person or property subject to the US jurisdiction.
China's Ministry of Foreign Affairs opposed the executive orders, saying that the US is using national security as an excuse to oppress non-American businesses.
