News

Japanese Minister of Economy: (When asked about the prospects of a Bank of Japan rate hike) Specific monetary policy decisions are made by the Bank of Japan. We hope the Bank of Japan will continue to closely cooperate with the government and fully implement the joint statement on overcoming deflation.

Japanese Minister of Economy: Capital expenditure continues to recover, the economy keeps a moderate pace of revival, and long-term interest rates are determined by various factors such as market supply and demand and the moderate economic recovery.

BlockBeats News, June 9, U.S. President Trump stated that Israel and Iran are seeking an immediate ceasefire, and that final peace negotiations are underway. Subsequently, Iran announced that it would stop military actions against Israel, but also warned that any further attacks on Lebanon would be met with a strong counterattack. Israel announced that, at Trump's request, it would suspend strikes against Iran, but warned that if Iran resumed attacks against Israel, Israel would respond forcefully. As the military conflict between Israel and Iran de-escalated, according to Bitget data, at the close of the U.S. stock market on Monday, the S&P 500 rose 0.29%, the Nasdaq rose 0.86%, and the Dow Jones fell 0.16%. After last Friday's plunge, chip technology stocks saw a rebound from bargain hunting. The Philadelphia Semiconductor Index rose 5.6% in a single day, Intel rose 11%, Micron Technology rose nearly 10%, Marvell Technology rose 9.6%, and the “NVIDIA challenger” Cerebras rose more than 18%. Japanese and South Korean stock markets opened higher today, with the South Korean KOSPI Index opening up 4.21% at 7,799.52 points, and SK Hynix rising more than 7%. The Nikkei 225 Index opened up 0.97% at 64,643.96 points.