Seiji Ando, a board member of the Bank of Japan: It is likely that loose monetary policy conditions will continue to be maintained.

Bank of Japan board member Seiji Ando: Overall, consumption remained stable, mainly due to service spending.

Seiji Ando, a board member of the Bank of Japan: Taking monetary policy measures in response to short-term foreign exchange fluctuations will affect price stability.

Seiji Ando, a board member of the Bank of Japan: If interest rates change too much, it will disrupt household and corporate investment.

Seiji Andachi, a board member of the Bank of Japan: Frequent changes in monetary policy to stabilize foreign exchange fluctuations will lead to large changes in exchange rate fluctuations.

Bank of Japan board member Seiji Ando said: There is no certainty that the inflation target can be achieved.

Market news: LG Electronics will provide cooling systems to US data centers.

Huya (YY.O) fell more than 5% after the market closed.

Faraday Future (FFIE.O) fell more than 20% after the market closed and is now down 14.5%.

Faraday Future (FFIE.O) is expected to lose $44.81 per share in 2023 and $393.56 per share in 2022.

Market news: A military fighter jet crashed near a New Mexico airport. The airport said the pilot and the only passenger on the plane were conscious and were being taken to a nearby hospital.

Trump Media & Technology Group Inc DJT.O wrote to P. Scott Joly, commissioner of the Louisiana Office of Financial Institutions, asking him to immediately launch an investigation into "apparent stock manipulation."

MUFG: The ECB is expected to cut interest rates in June but may pause in July. Both the bank and the Fed are expected to take a similar path of rate cuts after the summer, with each cutting rates three times this year.

MUFG: Analysis of the ECB suggests that the rate cut trajectory between the ECB and the Fed will be more balanced than the market currently expects.

Microchip Technology (MCHP.O) is said to be seeking a convertible bond coupon of 0.5%-1%, which would offer a conversion premium of 25%-30%.

Microchip Technology (MCHP.O) will issue $1.1 billion in convertible senior notes.

The White House: We do not encourage or support the use of weapons supplied to Ukraine to attack Russian territory.

Egyptian security sources: Israel has proposed a new ceasefire proposal and hostage release agreement, which has now been handed over to Hamas. Mediators are waiting for Hamas to respond within 24 hours.

Russian Finance Minister Siluanov: The tax rate for Russian individuals with annual income below 2.4 million rubles (about 27,100 US dollars) will remain at 13%.

According to Interfax: Russia may increase corporate income tax from 20% to 25% from 2025.