The yield on the 10-year Japanese government bond rose to 0.480%.

Yasutoshi Nishimura, Minister of Economy, Trade and Industry of Japan: We will support the capital investment and technology development of 8 storage batteries and 2 semiconductor projects.

Yasutoshi Nishimura, Minister of Economy, Trade and Industry of Japan: We will provide 184.6 billion yen in subsidies for energy storage battery projects and 56.4 billion yen in subsidies for semiconductor projects.

Japanese Minister of Economy, Trade and Industry Yasutoshi Nishimura: Japan will provide support for battery and chip manufacturing projects.

Japanese Chief Cabinet Secretary Hiroichi Matsuno: Prime Minister Fumio Kishida will start his visit to Egypt, Ghana and Mozambique this Saturday.

BNO News: US Army helicopter crashed in Alaska with 4 crew members on board.

According to a Reuters survey: 21 of 25 economists believe that Malaysia will maintain the benchmark interest rate unchanged at 2.75% in May, and 4 economists expect to raise interest rates by 25 basis points.

Japanese Finance Minister Shunichi Suzuki: He will discuss strengthening the Chiang Mai Initiative multilateral currency swap line with ASEAN countries.

Japanese Finance Minister Shunichi Suzuki: We are not facing a financial crisis.

Japanese Finance Minister Shunichi Suzuki: It is very important to always consider the worst case when designing a regional financial safety net.

[CICC: U.S. GDP slows down and "stagflation" risk rises] CICC research report pointed out that the quarter-on-quarter annualized rate of GDP in the first quarter of the United States was 1.1%, the third consecutive quarter of slowdown. We believe that although the U.S. economy has shown resilience since the beginning of the year, it cannot change the downward trend of the economy. With the decline of bank deposits, in the future, either the banks will spontaneously "tighten credit" and the credit spread will expand; or the tight credit will not be obvious, the Fed will continue to "tighten money" and the risk-free interest rate will rise. In either case, the final result will be an economic downturn. In addition, we must also be wary of the stickiness of inflation. In the first quarter, the US core PCE grew at an annualized rate of 4.9%, higher than the 4.4% in the fourth quarter of last year, and the overall PCE growth rate was also higher than that at the end of last year. Structural inflation may lead to a "stagflation" pattern in the economy, which will also bring more challenges to financial markets.

Japanese government: Industrial production is showing a moderate recovery.

Japanese Finance Minister Shunichi Suzuki: To commemorate the 50th anniversary of the friendship between Japan and ASEAN, a special meeting with Southeast Asian countries will be held on May 2.

Japanese Finance Minister Shunichi Suzuki: Will go to South Korea to attend the ASEAN+3 and Asian Development Bank meeting.

ExxonMobil: Uaru oil field project has been approved by the government, and production is planned to start in 2026. The fifth Stabroek block will produce around 250,000 bpd.

The Society of Motor Manufacturers and Traders (SMMT): UK car production in March rose 6.1% year-on-year to 81,605 units.

Market news: Republicans in the US House of Representatives seek information on bank regulatory actions.

Market news: Republicans in the U.S. House of Representatives sent a letter to U.S. Treasury Secretary Yellen and regulators on bank bankruptcy.

Argentine Vice President: The agreement with the IMF is causing inflation.

[The probability that the Federal Reserve will raise interest rates by 25 basis points in May is 83.9%] According to CME "Fed Watch", the probability that the Fed will keep interest rates unchanged in May is 16.1%, and the probability of raising interest rates by 25 basis points is 83.9%; The probability of interest rates at current levels is 11%, the probability of a cumulative rate hike of 25 basis points is 62.2%, and the probability of a cumulative rate hike of 50 basis points is 26.8%.