According to Nikkei: Japanese Prime Minister Fumio Kishida plans to announce the minimum wage target on Thursday.

Bank of Japan review member Nakamura Toyaki: We hope to observe various data, including the monthly wage survey and the government’s quarterly business survey, to determine whether companies have successfully created a business model that allows wages to continue to grow.

Bank of Japan review member Nakamura Toyaki: The most important thing is to see whether the growth expectations of Japanese companies have increased.

Bank of Japan review member Nakamura Toyaki: Personally, I think there is no need to stick to the period from January to March next year when judging whether the Japanese economy is ready to accept the Bank of Japan’s policy adjustments.

Toyoaki Nakamura, a review member of the Bank of Japan: In the long run, foreign exchange will remain in line with fundamentals.

The National Hurricane Center: There is a 70% chance that the storm near the Cape Verde Islands will form a cyclone in the next 48 hours.

Toyoaki Nakamura, Bank of Japan deliberation member: The decision on when to end the negative interest rate policy will be made after careful observation of economic developments.

According to Japan Broadcasting Association NHK: Japanese Prime Minister Fumio Kishida is considering raising the national minimum wage to 1,500 yen per hour in the mid-2030s.

Bank of Japan review member Nakamura Toyaki: The adjustment of yield curve control (YCC) did not cause chaos in the market.

Bank of Japan review member Nakamura Toyaki: The yield curve control (YCC) policy adjustment in July is not part of the policy exit strategy.

UBS: Target to reduce total costs by more than $10 billion.

Thailand said drought conditions may worsen in 2024.

Thailand expressed its confidence in reaching its export target of 8 million tons of rice.

Thailand says it has enough rice supplies for export.

Thailand’s rice exports from January to July increased by 13.5% year-on-year.

Indonesia will set the quota for subsidized liquefied petroleum gas (LPG) at 8.03 tons in 2024.

National Hurricane Center: "Idalia" is expected to remain a tropical storm after leaving the coast.