Foxconn: will use the proceeds to repay debts and other matters.

German government: State-level aid needs to be approved by the European Commission.

German government: The plant will have an annual production capacity of 60 GWh, which can supply battery cells for around 1 million electric vehicles.

The German federal and state governments have confirmed their support for the construction of the Northvoort Gigafactory in Heide.

German government: support including billions of euros in private investment, creating 3,000 jobs in the Heide region and thousands more in surrounding industry and services.

Foxconn: Decided to further delay the proposed spin-off timeline.

UN Special Representative for the Sudan Mission: A political party in Sudan told me that they intend to stay and continue to negotiate a ceasefire.

Special Representative of the United Nations Mission in Sudan: Signing an agreement to protect civilians is an important first step.

Hong Kong government: If the current economic recovery momentum continues to grow, it is expected to be close to the upper limit of the forecast range.

Hong Kong government: Maintain the overall CPI forecast at 2.9% in 2023.

Hong Kong maintained its GDP growth forecast for 2023 at 3.5% to 5.5%.

Hong Kong government: Headline inflation is likely to rise for the remainder of 2023, albeit generally benign.

Hong Kong government: Inbound tourism and domestic demand will continue to be the main drivers of economic growth this year.

The Israeli military has issued an alert that areas in southern Israel close to the Gaza border are at risk of rocket attacks.

European Mediterranean Seismological Center: A 5.3-magnitude earthquake hit the Guam area.

U.S. Treasury Secretary Yellen: Most banks, including those whose stock prices are under pressure, are now able to repay the deposits of uninsured depositors.

U.S. Treasury Secretary Yellen: Failed banks also have a high percentage of uninsured deposits.

U.S. Treasury Secretary Yellen: Every bankrupt bank has its own problems.

U.S. Treasury Secretary Yellen: It is appropriate for Wall Street executives to speak out about how the debt ceiling debate is affecting the economy.

U.S. Treasury Secretary Yellen: I will meet with senior bankers next week to discuss the debt ceiling.