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Japan's 20-year government bond yield rose 1.0 basis points to 3.630%.
Bank of Japan Governor Kazuo Ueda: The energy shocks that began around 2021 are widespread and sustained, enough to help Japan get out of the old deflationary norm, but it has not entered the inflationary spiral of the early 1970s.
Australia's S&P/ASX200 index opened up 12.10 points, or 0.14%, on Wednesday, May 27, to 8669.90 points.
Bank of Japan Governor Kazuo Ueda: On the contrary, if these channels are not activated, large-scale shocks can still remain temporary.
Bank of Japan Governor Kazuo Ueda: Temporary shocks may become lasting if they change wages, expectations and pricing behavior.
Bank of Japan Governor Kazuo Ueda: The same increase in oil prices may have completely different impacts depending on wages, expectations, demand and exchange rates.
Bank of Japan Governor Kazuo Ueda: The central bank should not look at oil prices in isolation.
Bank of Japan Governor Kazuo Ueda: Supply shocks are lingering in everyone’s mind. Although they are not new, they are becoming more frequent.
NI225 reached 66,000 points for the first time, rising 2% during the day.
Japan's business services price index in April was at a monthly rate of 0.5%, compared with the previous value of 1.2%.
Japan's business services price index in April was at an annual rate of 3%, compared with the previous value of 3.10%.
Bank of Japan Governor Kazuo Ueda and Federal Reserve Vice Chairman Thomas Jefferson will attend the event in ten minutes.
BP's ousted chairman has disputed multiple allegations of misconduct.
Amazon Cloud Services (AWS): Introducing 24/7 US-based technical support provided by US citizens for AWS GovCloud (US) customers.
U.S. Trade Representative Greer: We have a team going to India next week to try to finalize a framework trade agreement.
U.S. President Trump: It is critical to ensure that the Commodity Futures Trading Commission’s exclusive jurisdiction over prediction markets is maintained.
U.S. Trade Representative Greer: There has been progress in reducing tariffs with the EU, but further efforts are still needed on non-tariff barriers.
European Mediterranean Seismological Center: A 4.8-magnitude earthquake occurred in Fiji.
Brazilian Senator Flavio Bolsonaro confirmed that he met with US President Trump at the White House on Tuesday local time.
Public Health Agency of Canada: Immigration documents for residents from countries with high/very high risk of Ebola outbreak will be suspended for 90 days.