Bank of Japan Governor Ueda said that the Japan has not yet reached sustainable 2.0% inflation.
Softbank will build AI data centers in Japan with equipment from NVIDIA. China rejected an invitation from the U.S. for a meeting of defense chiefs in Singapore.
Mitsubishi will reportedly keep its plant in China closed past May due to weak demand.
Japan’s April jobs/applications ratio 1.32, as expected (last 1.32). April Unemployment Rate 2.6% (expected 2.7%; last 2.8%)