The Philippine stock index opened up 0.5% at 6,979.74 points.

Bank of Japan member Naoki Tamura: I personally believe that the upward risk of inflation has increased.

Bank of Japan member Naoki Tamura: Short-term interest rates must be raised in stages, while carefully observing how the economy and inflation respond to these measures.

Bank of Japan member Naoki Tamura: Short-term interest rates must be pushed up to at least around 1% in the second half of the long-term forecast period in fiscal 2026 to stably achieve the 2% inflation target.

Bank of Japan member Naoki Tamura: We will carefully examine the balance of pros and cons of exiting the loose policy.

Bank of Japan member Naoki Tamura: The road to ending the loose policy is still very long.

According to the Wall Street Journal: Bank of America (BAC.N) now requires junior bankers to report their work hours every day.

Bank of Japan member Naoki Tamura: It is necessary to raise interest rates by examining the economy and inflation.

Bank of Japan member Naoki Tamura: Interest rates will be adjusted based on the certainty of the price target.

Bank of Japan member Naoki Tamura: I believe the neutral interest rate level is at least above 1%.

JPMorgan Chase & Co (JPM.N) will limit the work hours of some junior bankers to 80 hours a week, according to the Wall Street Journal.

Bank of Japan member Naoki Tamura: The current market view on the interest rate path is gradual.

National Hurricane Center: Heavy rain and strong winds are sweeping New Orleans.

Market news: US Secretary of State Blinken will meet with Polish Prime Minister Tusk in Warsaw.

SK Hynix followed Nvidia in rising 6.2%, while Hanmi Semiconductor rose 7%.

The Nikkei 225 index rose 2.00% during the day.