The currency’s slide followed in the wake of an Asia-wide selloff after a poor US jobs report spurred worries of foreign outflows

The Nikkei in Japan suffers its biggest ever one-day loss, plummeting by a whopping 13%, while Taiwanese and Korean shares both sank by more than 8%.

Japan’s benchmark index endured a bruising day, seeing its biggest daily percentage fall in more than four years

China’s manufacturing activity shrank for the first time in nine months in July while Japan’s currency peaked at a four-month high

Microsoft, Apple, Amazon and Facebook-parent Meta Platforms report this week while central banks in the US, UK and Japan also meet

Share indexes across the region retreated as confidence in Big Tech’s fortunes waned off the back of some tame earnings posts

Big Tech anxieties, China’s wayward economy, Donald’s Trump’s possible return and currency shifts all weighed on sentiment

Foreign investor flows into Asian bonds also dropped 34% in the first six months of the year, data showed

The absence of concrete stimulus promises out of China’s key leadership summit added to an air of pessimism across the region’s bourses

The attempt on Donald Trump’s life has shortened the odds on a Republican US election victory, increasing the risk of a new China-US trade war

A rate hike may be on the table at the BoJ's next meeting at the end of July, when the bank will unveil its plan on how it will trim its huge bond buying

Yuan drops to 7.26 to the US dollar, amid a flood of cash from the mainland to Hong Kong, while foreign equity investors have also withdrawn $4.5bn this month via Stock Connect