Highest level on a fourpoint scale for nearly two months. A request that bars, restaurants and other establishments shorten their Business Hours will be lifted next week. Tokyo reported the highest daily tally among the countrys 47 prefectures. Across japan more than 600 new infections have been confirmed on friday. In total there have been over 75,000 cases. More than 1,400 peoplele have died. Authorities are also concerned about dealing with influenza spreading at the same time. So the Health Ministry has decided to offer seasonal flu shots starting next month. Officials say theyll give priority to people aged 65 or older because they face a higher risk of falling seriously ill from viral infections. Theyre calling for other people to wait for over three weeks to get a shot unless they have an underlying condition that makes them vulnerable. Business travel between japan and singapore is restarting as they push to reopen their economies. Shortterm business visitors will be able to sk
Need to keep rates higher for longer. There is progress on inflation but it is too early to declare any victory yet. What we are tracking this morning as we come online, with japan some ecodata. Broadly we sell weakness creeping through, because exports are up 8. 3 on the year. The estimate had been for 11 . We saw the trade deficit in the latest reading. That is the state of play for japan. Tracking the japanese yen, Holding Steady this morning but still at historically weak levels. The big focus on the japanese 10 year yield because we continue to monitor when it will hit the 1 mark, and we continue to track those yields inching higher. Japanese goodies under pressure in this session, so not that optimism from wall street overnight so far. Korea coming online, and the ecodata to note, april ppi coming out earlier today, we saw it rising 1. 8 on the year. 0. 3 on the month, but it was a pickup in ppi, Producer Price inflation. That presents a headache for the bok. We also watching in
Rishaad kicking things off with , getting those numbers. How this hass us all turned around in recent months. , the factory gate price number we did have, and well, expecting the same level at the moment. The government crackdown on risky lending. Restocking inventories, and that would mean they do that despite the recent upswing as well. 5. 5 , cpi coming out. Holding steady, that stabilization story that beijing wants to push for this year. We will look at import prices and the impact of technology, whether that is keeping inflation and wage growth far away. Asia, singapore, malaysia, and taiwan coming online. Asian shares tracking wall street. Japanese stocks and shares in sydney leading gains. Tokyo rising the most in three weeks despite the disappointing core machine orders data this morning. The yen trading near a twomonth low, although now deepening losses, 114. 18 right now. Kospi higher, consumer stocks dropping over 1 . On korean won building gains, up. 3 against the dollar.
Of President Park for 40 years. She headed for seoul on monday. Choi didnt distinctly respond to questions by reporters as she entered the building. Choi later apologized to the public asking for forgiveness saying she committed a crime that could warrant the death penalty. Prosecutors are trying to find out what kind of material choi receive and whether she exerted influence over state matters based on what she received. Park is suspected of violating laws. She has been admitted showing drafts of her speeches to choi who holds no public post and handing over internal government documents. Opposition parties have proposed the launch of a neutral cabinet, which members of the governing party have expressed readiness to accept. President park is facing her most critical challenge since taking office, nhk worlds kim chonju reports. A political scandal involving south korean President Park geunhye has entered its most critical stage. This afternoon, choi soonsil, confidante of park appeare
Johnson says its a moral duty and a National Priority for schools to reopen fully in england next month. Im very pleased that the Prime Minister is making schools a priority. Ive been arguing for some time that my fear was that children were being left behind in this relaxation of lockdown. 400 taliban militants are to be released after a vote by afghanistans loya jirga, or grand assembly, in kabul. Japan remembers the victims of nagasaki, 75 years after the atom bomb was dropped on the city. In cricket, england stage a stunnng comeback to snatch victory in the first test. International leaders will hold talks later today aimed at raising aid for lebanon following the devastating explosion in beirut five days ago. The Video Conference is being coordinated by france and the United Nations and President Trump is expected to join the call. At least 158 people died and 300,000 were left homeless when a huge store of Ammonium Nitrate exploded in a warehouse in the citys port. Officials esti