Spot gold fell by nearly $4 in the short term and is now at $2029.17 an ounce.

Softbank Vision Fund lost 297.54 billion yen in the fourth quarter, a year-on-year decrease of 86%.

Hon Hai’s net profit in the first quarter was NT$12.8 billion, compared with market estimates of NT$29.77 billion.

Hon Hai’s revenue in the first quarter was NT$1.46 trillion, compared with market estimates of NT$1.45 trillion.

ECB Governing Council Nagel: The ECB is still unanimous in agreeing to raise interest rates.

European Central Bank Governing Council Nagel: Interest rate hikes are not over yet, we need to take more measures.

European Central Bank Governing Council Nagel: At present, inflation is deeply entrenched.

SoftBank reported a net loss of 970.14 billion yen for the year, compared with market estimates of a loss of 343.71 billion yen.

U.S. Treasury Secretary Yellen: We have no other good options to save us from disaster (debt default), and the debt ceiling must be raised.

U.S. Treasury Secretary Yellen: Invoking the 14th Amendment is not a short-term strategy to deal with debt ceiling defaults.

U.S. Treasury Secretary Yellen: I hope the Republicans and Democrats can resolve their differences and raise the U.S. debt ceiling.

U.S. Treasury Secretary Yellen: Debt default should be considered "unthinkable".

U.S. Treasury Secretary Yellen: Breaking through the debt ceiling could lead to a "very serious economic downturn" for a considerable period of time.

Market news: Kuwait set the price of crude oil sold to the Mediterranean region in June at a premium of US$0.20/barrel (compared with the benchmark crude oil price).

U.S. Treasury Secretary Yellen: The U.S. will discuss investment restrictions with G7 countries.

Japanese Finance Minister Shunichi Suzuki: The conflict between Russia and Ukraine has dealt a major blow to the global economy.

Japanese Finance Minister Shunichi Suzuki: We will discuss measures to continue to put pressure on Russia.

Japanese Finance Minister Shunichi Suzuki: I hope that global cooperation can be strengthened through the G7.