Japanese equities are being sold hard, Nikkei down 2%

Indonesia's central bank threatens forex intervention. Bank Indonesia will step in to buy the rupiah if necessary

TSLA news: Tesla cut China Model 3 RWD price amid growing competition and softer EV demand. Tesla cut the price of its new long-range Model 3 in China to 259,500 yuan, aiming to defend market share amid slowing EV demand and rising domestic rivalry.

Asia's banks invest $45B+ in AI for fraud defense, outspending US/EU on security vs. customer experience.

PBOC sets USD/ CNY reference rate for today at 7.1072 (vs. estimate at 7.1281). PBOC CNY reference rate setting for the trading session ahead.

China S&P Global Manufacturing PMI (August) 50.5 (expected 49.5, prior 49.5). Smashed higher through expectations and the fastest growth in five months.

Google warns 2.5B users to reset passwords after Salesforce breach. Security risks loom, impacting tech sector valuations.

Australian private inflation survey -0.3% m/m (prior +0.9) & 2.8% y/y (prior 2.9%). The privately surveyed inflation gauge from the Melbourne Institute.