China Forces Meta to Unwind AI Deal as BOJ Turns More Hawkish | Insight with Haslinda Amin 4/28/2026
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Summary
The Bank of Japan held rates at 0.75% but a 6-3 vote and sharply upgraded inflation forecasts signal growing hawkishness. China ordered Meta to unwind its Manus AI acquisition, escalating U.S.-China tech tensions. India's private space sector prepares for its first orbital rocket launch with Skyroot Aerospace. M&A activity in Asia remains robust despite geopolitical uncertainty.
- BOJ holds rates, 6-3 vote shows hawkish split
- Inflation forecast raised to 2.8% for 2026
- China forces Meta to unwind $2B Manus AI deal
- India's Skyroot Aerospace to launch first private orbital rocket
- BofA sees strong M&A activity in Japan, Southeast Asia, India
- U.S.-China tech decoupling accelerates
- Yen under pressure near 160 level
- Geopolitical risks from Iran war cited as factor
