News

Traders said India’s palm oil imports surged 50 percent month-on-month in July to 733,000 tons, a five-month high.

Japanese Finance Minister Satsuki Katayama: I have nothing more to add regarding the joint foreign exchange intervention by Japan and the United States.

Japanese Finance Minister Satsuki Katayama: I will not comment on the effectiveness of joint intervention.

According to Japan's Kyodo News, Toyota will partially suspend production at its Tahara plant from August 17 to 31.

A warehouse facility in Russia’s Leningrad region was attacked by a drone.

Japanese Chief Cabinet Secretary Minoru Kihara announced that 24.2 billion yen of reserve funds will be used to support relief and recovery efforts following the Kumamoto earthquake.

Japanese Minister of Economy, Trade and Industry Minoru Jonouchi: We will not comment on specific exchange rate levels, but we will closely monitor the impact of exchange rate fluctuations on the economy and prices.

Japanese Minister of Economy, Trade and Industry Minoru Jonouchi: I hope the Bank of Japan and the government will maintain close communication on policy guidance.

Japanese Minister of Economy, Trade and Industry Minoru Shirou: I hope the Bank of Japan will implement appropriate monetary policy to achieve its 2% inflation target in a stable and sustainable manner.

Japanese Minister of Economy, Trade and Industry Minoru Jonouchi: Forecasts shared by the government and the Bank of Japan indicate that consumer inflation will accelerate in the second half of this year, before slowing down.

Japanese Economy and Fiscal Policy Minister Minoru Shirou: We must be wary of the possibility of food cost pass-through, a situation that could continue from summer into autumn.

Japanese Economy and Fiscal Policy Minister Minoru Shirou: June's overall CPI showed that year-on-year price increases remained moderate.

Japanese Minister of Economy, Trade and Industry Minoru Shirou: The cost transmission of rising commodity prices remains limited to date.

TSMC: Will donate 250 million yen for earthquake relief and recovery efforts in Kumamoto.

Australia's seasonally adjusted ANZ total job advertisements rose 2.1% year-on-year in July, compared with 0.5% previously.

Australia's seasonally adjusted ANZ total job advertisements rose 0.8% month-on-month in July, compared with a previous reading of -0.20%.

The Hang Seng Index (HSI) opened 81.58 points higher, or 0.31%, at 26090.98 on Tuesday, August 4th; the Hang Seng Tech Index opened 14.73 points higher, or 0.3%, at 4890.34 on Tuesday, August 4th; the Hang Seng China Enterprises Index opened 15.79 points higher, or 0.18%, at 8667.94 on Tuesday, August 4th; and the Hang Seng Red Chip Index opened 13.75 points higher, or 0.33%, at 4189.71 on Tuesday, August 4th.

Australia's S&P/ASX 200 index opened 19.10 points higher, or 0.21%, at 9038.40 on Tuesday, August 4.

Japan's base money rate fell 13.8% year-on-year in July, compared with -13.70% in the previous month.

The UK's Office of Maritime Trade Operations reports that a cargo ship was attacked 20 nautical miles northeast of Saab in the Strait of Hormuz, Oman.