Philippine Economic Planning Minister: Still plans to achieve an inflation rate of 2%-4% by the end of the year.

Philippine Secretary of Economic Planning: The Philippines will ensure food safety.

Philippine Secretary of Economic Planning: Temporary and limited tariff relief may be implemented on rice.

Philippine Secretary of Economic Planning: It is recommended to speed up the implementation of plans aimed at promoting the rapid recovery of production in typhoon-affected areas.

Secretary of Economic Planning of the Philippines: Called for a review of the current tariff level on rice to reduce the cost of rice.

Russian Ministry of Defense: A drone was shot down in the Kaluga region of Russia.

Market News: Indonesia and Peru plan to complete trade agreement negotiations by the end of 2024.

The inflation rate in the Philippines in August increased by 5.3% year-on-year, and the market expected an increase of 4.7%; the core inflation rate in August increased by 6.1% year-on-year.

Credit Agricole: The Bank of Japan is expected to exit yield curve control (YCC) in 2025.

Reuters poll: All 27 economists surveyed believe that Bank Negara Malaysia will keep the overnight policy rate unchanged at 3% at its September meeting.

The Nikkei 225 Index exceeded 33,000 points for the first time since August 2, 2023.

Japanese government officials: Year-on-year household spending fell to the lowest level since February 2021 in July.

Bank of Korea: International oil prices are the biggest uncertainty.

Bank of Korea: CPI is expected to remain around 3% in the fourth quarter.

Bank of Korea: CPI in September is expected to be similar to or higher than in August.

According to Dong-A Ilbo: South Korean President Yoon Suk-yue is considering replacing the Minister of Defense.

Nissan Motor: The new model plan has been slightly delayed due to unexpected factors.

Sumitomo Mitsui Banking Corporation: Bank of Japan normalization risk dampens demand for 10-year Japanese government bonds.

BRC UK consumer spending increased by 2.8% year-on-year in August, compared with a year-on-year increase of 4.0% in July. Barclays noted that spending on essential goods in the UK grew at the slowest pace since April 2020 in August due to a drop in fuel spending.

The overall BRC retail sales rate in the UK in August was 2.8%, compared with the previous value of 4.2%.