Spain's leftist government will further tighten rental rules and restrict medium-term leases to contain soaring rents and prevent price abuse under a decree to be approved in the coming weeks, Prime Minister Pedro Sanchez said on Monday. One of the world's most-visited countries by tourists, Spain suffers from a severe housing shortage exacerbated by a tourism boom, and has faced mass protests undefined in the past years over soaring housing costs. Learn More

DBS Group Chief Executive Tan Su Shan on Monday advised investors with heavy U.S. dollar exposure to consider hedging, saying funding costs in Asian currencies are low and regional exchange rates look undervalued. Speaking at DBS Private Bank's 2026 first-half market outlook event for clients, Tan said the U.S. dollar remained the currency of choice for many investors but that concentration risk and volatility make hedging prudent. Learn More

South Korean President Lee Jae Myung is set for a summit with Japanese Prime Minister Sanae Takaichi on Tuesday, a week after meeting with Chinese President Xi Jinping, as Seoul seeks to balance ties with both neighbours. The summit in Japan's Nara City comes amid a growing diplomatic dispute between Beijing and Tokyo , and analysts expect Takaichi to highlight the stability of three-way ties between the United States, Japan and South Korea. Learn More