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Japan's initial manufacturing PMI value in July was 54.7, compared with the previous value of 54.8.

Japan's preliminary comprehensive PMI value in July was 53.1, compared with the previous value of 52.8.

Japan's preliminary service PMI value in July was 51.9, compared with the previous value of 52.2.

Japanese chip-related stocks fell sharply, with Kioxia shares falling 4.8%, Advantest falling 6.1%, and SoftBank Group falling 6.0%.

Australia's S&P/ASX 200 index opened down 56.10 points, or 0.63%, at 8782.90 on Friday, July 24.

NI225 fell by 2.00% within the day.

Australian Trade Minister: Will continue to lobby the US Trade Representative to remove all tariffs.

Japan's purchases of foreign stocks in the week ending July 17 were -¥121.3 billion, compared to ¥196.2 billion in the previous week.

In Japan, foreign investors purchased Japanese bonds -185.1 billion yen in the week to July 17, and the previous value was revised from 499.8 billion yen to 501.5 billion yen.

Japan purchased foreign bonds of -714.4 billion yen in the week to July 17, and the previous value was revised from 1.0901 billion yen to 1.090 billion yen.

In Japan, foreign investors purchased Japanese stocks in the week to July 17 -79.6 billion yen, and the previous value was revised from 745.6 billion yen to 742.6 billion yen.

IBM (IBM.N) CEO said roughly 70% of daily financial transaction activity by value runs on mainframes. Clients typically spend $3–4 across IBM for every $1 invested in a mainframe. The AI boom will boost revenue because most clients require hands-on guidance.

IBM (IBM.N) CEO: By value, 70% of daily financial transactions are conducted via mainframes. For every $1 a customer invests in a mainframe, IBM typically invests $3 to $4 overall. The AI boom will boost revenue because most customers require hands-on guidance.

IBM (IBM.N) CEO says quantum technology will generate trillions of dollars of incremental value by the late 2030s.

IBM (IBM.N) CEO: Quantum technology will create trillions of dollars in incremental value by the end of the 2030s.

Japan's core-core CPI rose at its lowest since August 2022.

Japan's nationwide unadjusted CPI rose 0% month-on-month in June, compared with 0.5% in the previous month.

Japan's national CPI annual rate in June was 1.7%, expected to be 1.70%, and the previous value was 1.50%.

Japan’s June core CPI annual rate was 1.6%, expected to be 1.60%, and the previous value was 1.40%.

Japan's core CPI annual rate for June will be released in ten minutes.