09:13:12
South Korean President Yoon Suk-yue: The alliance with the United States has been upgraded with the establishment of the nuclear negotiation group.
09:10:50
The Bank of Japan: Starting from May 8, it will provide an unlimited purchase of Japanese government bonds with a remaining maturity of 5 to 10 years at a fixed interest rate.
08:59:26
South Korean Finance Minister Choo Kyung-ho: South Korea and Japan should strengthen cooperation in high-tech industries such as semiconductors and batteries.
08:46:26
Japanese Finance Minister Shunichi Suzuki: Japan agrees to expand technical and personnel exchanges with South Korea.
08:46:21
Japanese Finance Minister Shunichi Suzuki: I hope that Japan and South Korea will continue to conduct such dialogues and contribute to bilateral relations.
08:44:49
Japanese Finance Minister Shunichi Suzuki: Hope to cooperate with South Korea to deal with the challenges brought about by the conflict between Russia and Ukraine.
08:43:01
Japanese Finance Minister Shunichi Suzuki: Japan and South Korea must cooperate on various challenges facing the global society, regional and global economies.
08:38:49
South Korean Finance Minister Choo Kyung-ho: South Korea and Japan need to negotiate on geopolitical risks and supply chain issues.
08:36:24
Choo Kyung-ho, Minister of Finance of South Korea: Recently, dialogue between South Korea and Japan has expanded, and there are many areas of cooperation between the two countries.
08:26:56
Bank of Korea: Uncertainty over inflation path centered on oil and utility prices.
08:20:54
Bank of Korea: Uncertainty about future inflation path remains high.
08:20:53
Bank of Korea: Core inflation may slow more slowly than headline inflation.
08:15:18
The Nikkei 225 hit its highest level since January 2022.
08:02:00
On May 2 (Tuesday), the Nikkei 225 Index rose 128.82 points, or 0.5%, to 29,254.50 points.
07:51:01
US White House: Biden stressed in a meeting with congressional leaders on May 9 that Congress must act to avoid default without strings attached, and that Biden will discuss how to start a separate process to address the budget and fiscal 2024 appropriations .
07:38:43
Market news: American small modular reactor company NuScale plans to build a small modular reactor in South Korea.
07:26:07
US Senate Majority Leader Spokesperson: Schumer initiates voting process to vote on "clean" two-year debt ceiling suspension bill (no spending cuts, Democrat version).
07:23:07
[British Retail Consortium: UK shop price index inflation falls for first time since 2023] Deep discounts on clothing and furniture will drag down UK store price growth for the first time in 2023, suggesting that British households may have weathered the worst of the inflation shock period. The chief executive of the British Retail Consortium said: "We should start to see food prices fall in the coming months as wholesale prices fall and other cost pressures take hold. Headline commodity price inflation edged down slightly in April due to heavy spring discounting. There has been a decline." After surprisingly strong inflation data in March, markets are betting the BoE will opt to hike its key lending rate by another 25 basis points in its May 11 monetary policy decision. Investors see the Bank of England continuing to raise interest rates to 5% by September from the current 4.25%.
07:16:57
Saudi Economy Minister: Economic diversification is the biggest challenge.
07:13:17
Choo Kyung-ho, Minister of Finance of South Korea: When the global economy is at an inflection point, the cooperation between South Korea, Japan and China is more important to the Asian region and the world.