According to Indian media: Rosneft is in preliminary talks to build a new refinery in India.

USD/KRW opened at 1342.00 against the South Korean won, its highest level since November 23 last year.

ANZ: The Reserve Bank of New Zealand is currently expected to raise the official cash rate to 5.75% in July.

Japan’s first-quarter GDP business spending rate was 0.9%, expected to be -0.4%, and the previous value was -0.50%.

Fed Goolsbee: A soft landing is still possible.

Musk: Twitter absolutely needs to hire people.

Musk: Working from home is morally wrong.

Musk: Twitter may rehire some laid-off employees.

Musk: Will spend more time on Tesla and artificial intelligence development, and will also spend more time on the starship project.

Musk: Full self-driving may be possible this year.

Australian Prime Minister Albanese: After Biden canceled the visit, the Sydney quadrilateral summit may still be held, and a high-level US representative may attend.

UBS: Credit Suisse may pay UBS a breakup fee of 100 million Swiss francs in the event of an acquisition termination event.

Republican Rep. Steil: Worried that Wall Street will react early before X-Day.

Musk: According to demand, we hope to produce 250,000 Cybertrucks per year.

Musk: No plans to resign as Tesla CEO.

UBS filed documents related to the acquisition of Credit Suisse with the SEC.

Musk: It is expected to start production of the Roadster sports car next year.

US President Joe Biden: Debt default is simply not an option.

US President Biden: Confident that we will continue to make progress in avoiding default.