A magnitude-6.9 earthquake struck offshore eastern Honshu at 06:30 Beijing time on June 25, hypocenter depth 50 km. Strong shaking was reported across parts of the Tohoku region. At least six people were injured. No tsunami risk was detected. The Japan Meteorological Agency said at a morning briefing that similar-magnitude quakes could occur over the next week and did not rule out the possibility of stronger shaking, urging residents to remain vigilant.

The PBOC will add an overnight reverse repo operation at end-June. Huaxi Securities says this should push the overnight rate center toward about 1.30%-1.40% in the short term, guiding market money rates lower. Longer term, whether China’s policy-rate system becomes overnight-rate–centric depends on the operation’s structure: if the PBOC increases frequency and size, short-end market rates could reprice to the overnight policy rate and the framework could shift toward a Fed-style, overnight-rate–led regime; if overnight repos are used only episodically, the existing 7-day reverse repo–centered system would likely persist and overnight repos would merely stabilize the short-end rate center.

據沙特阿拉伯阿拉比亞電視臺：黎巴嫩軍方消息人士稱，他們否認以色列已從黎巴嫩南部地區撤軍。