Japan’s April trade deficit JPY1.02 trln (expected deficit of JPY1.08 trln; last deficit of JPY1.21 trln). April Imports -2.3% yr/yr (expected -0.3%; last 7.3%) and Exports 2.6% yr/yr (expected 3.0%; last 4.3%)
Several large chipmakers announced their intentions to invest in Japan after executives met with Prime Minister Kishida.
Japan and the U.K. signed The Hiroshima Accord, formalizing their partnership on defense and technology collaboration.