Governor of the Bank of Thailand: El Niño and rising food prices have raised inflationary risks.

Bank of Thailand: Thailand’s consumption growth is expected to remain strong for the remainder of 2023.

U.S. Treasury Secretary Yellen: I am glad that McCarthy has taken action to keep the government running. Whether the speaker remains in office depends on the Democrats and Republicans in Congress.

Traders: The Markit investment-grade credit default swaps (CDS) index in Asia ex-Japan rose 5 basis points.

SoftBank CEO: Artificial general intelligence is not our enemy, it is our most powerful and reliable partner.

Market news: Thailand has strengthened security measures for tourists after the Bangkok shooting incident, and the country plans to take measures to boost the confidence of foreign tourists.

SoftBank CEO: In the next 20 years, artificial super intelligence will exceed human intelligence by 10,000 times.

Japanese Chief Cabinet Secretary Matsuno Hiroshi: It is very important for exchange rate stability to be consistent with fundamentals.

Japan’s Chief Cabinet Secretary Matsuno Hiroshi: We will continue to take appropriate measures to deal with exchange rate (fluctuations).

Japan’s Chief Cabinet Secretary Matsuno Hiroshi: Excessive exchange rate fluctuations are undesirable.

Japanese Chief Cabinet Secretary Matsuno Hiroshi: It is important that the currency stably reflects fundamentals.

Japan’s Chief Cabinet Secretary Matsuno Hiroshi: No comment on whether Japan will intervene in the foreign exchange market.

Japanese Vice Minister of Finance Masato Kanda: (When asked about foreign exchange intervention operations) We are acting in accordance with the G7 and G20 agreements on foreign exchange.

Makoto Kanda, Japan’s Deputy Minister of Finance: If unilateral fluctuations continue for a long time, it may be regarded as excessive fluctuations.

Japanese Vice Minister of Finance Masato Kanda: (When asked what is excessive volatility in the foreign exchange market) Excessive fluctuations in the foreign exchange market may last for more than a week or longer.

SoftBank CEO: We have begun to use artificial intelligence in various areas of our business.

Makoto Kanda, Deputy Minister of Finance of Japan: Any intervention will not be aimed at the exchange rate level, but at the volatility.

SoftBank CEO: I hope SoftBank Group will use artificial intelligence more than any other company.

Japanese Vice Minister of Finance Masato Kanda: I would not comment on whether I have discussed the issue of the weak yen with Prime Minister Fumio Kishida.

Japanese Vice Minister of Finance Masato Kanda: It is normal not to announce (whether) intervention in the currency market.