ECB Governing Council member Cazacs: Negative supply shocks are reason to be patient.

ECB Governing Council member Cazacs: So far, the situation in the Red Sea has been brought under control.

ECB Governing Council member Cazacs: All options have not been ruled out and decisions will be made based on data.

European Central Bank Governing Council member Cazacs: Not just paying attention to wage data. Inflation has fallen and will continue to fall.

ECB Governing Council member Cazacs: Interest rates should start to fall unless there is a shock.

European Central Bank Governing Council member Cazacs: The economy may experience a technical recession.

ECB Governing Council member Cazacs: Wage growth remains relatively strong.

European Central Bank Governing Council member Cazacs: We need to see the direction guided by the data.

ECB Governing Council member Cazacs: The ECB relies on data, not time.

ECB Governing Council member Cazacs: The ECB needs confidence and patience when formulating policies.

Barclays strategists upgraded European luxury stocks to an overweight rating.

KazTransOil, Kazakhstan’s national oil transporter: plans to transport 550,000 tons of Russian oil to Uzbekistan in 2024.

Japan Trade Union Federation Rengo Chairman: The union has not yet discussed the Bank of Japan’s monetary policy.

Chairman of the Japan Federation of Trade Unions Rengo: Japan’s wage growth will be led by small and medium-sized enterprises.

Chairman of the Japan Federation of Trade Unions Rengo: Non-permanent employees saw the largest wage increase last year, and the minimum wage increased the most since the mid-2000s.

The chairman of the Japan Trade Union Federation Rengo said that part-time wage growth hit a record high last year.

Chairman of the Japan Federation of Trade Unions Rengo expressed his hope to move into a new era in a society with comprehensive growth in the economy, wages and prices.

[A 4.5-magnitude earthquake occurred offshore the Noto Peninsula, Japan] At around 14:40 local time on January 26, a 4.5-magnitude earthquake occurred offshore the Noto Peninsula, Japan. The maximum earthquake intensity was 4 and the focal depth was 10 kilometers.

The Japanese government is recalling 481,824 vehicles with the problem. Automakers affected by the recall include Subaru, Mazda, Honda and Suzuki.