News

Japanese heavy machinery and defense stocks fell, with Mitsubishi Heavy Industries falling 2.6% and Kawasaki Heavy Industries falling 4.3%.

Hong Kong stocks opened lower and moved lower. The Hang Seng Index's decline expanded to 2%. The Hang Seng Technology Index fell 2.51%. Technology stocks fell. Kingdee International (00268.HK) fell nearly 9% and SenseTime (00020.HK) fell 5.8%.

Japanese Minister of Economy, Trade and Industry Ryomasa Akasawa: We have successfully transformed US tariffs into a win-win agreement.

Japanese Minister of Economy, Trade and Industry Ryomasa Akasawa: There are no specific plans to visit the United States for more tariff negotiations.

Japanese Minister of Economy, Trade and Industry Ryomasa Akasawa: If the United States imposes a new 10% tariff, Japan may face additional tariff costs on certain goods beyond the previously agreed 15% tax rate.

Japanese Finance Minister Katayama Satsuki: We have been maintaining close dialogue with the United States.

Japanese Finance Minister Katayama Satsuki: No comment on reports that U.S. Treasury Secretary Bessent led the January interest rate review.

Japanese Finance Minister Katayama Satsuki: Will not comment on reports of interest rate checks.

Japanese Finance Minister Katayama Satsuki: Will steadily implement investment plans in the United States.

Japanese Finance Minister Katayama Satsuki: We must note that the tariffs imposed by the United States on automobiles are still in effect.

Japanese Finance Minister Katayama Satsuki: The details of the U.S. Supreme Court’s ruling on tariffs will be closely reviewed.

Hong Kong robotics concept stocks fell in the short term, with Wan Robot (06600.HK) falling by more than 12%, VietJiang (02432.HK) falling by more than 10%, SenseTime (00020.HK) falling by 6.5%, and UBTECH (09880.HK) falling by more than 5%.

Air Canada: All flight operations to Puerto Vallarta will resume from Montreal, Toronto and Vancouver on Tuesday.

Hong Kong stocks opened low and closed low, the Hang Seng Index fell 1%, and the Hang Seng Technology Index fell 1.6%.

The 20-year JGB yield fell 4.5 basis points to 2.865%.

The 20-year JGB yield fell 4.5 basis points to 2.865%.

The two-year JGB yield fell 2.5 basis points to 1.225%.

The Japanese government said that Japanese Minister of Economy, Trade and Industry Ryo Akasawa is requesting U.S. Commerce Secretary Lutnick that under the new tariff measures, Japan’s treatment will not be worse than last year’s agreement.

The Japanese government said Economy, Trade and Industry Minister Ryomasa Akasawa spoke with U.S. Commerce Secretary Lutnick on Monday.

According to Nikkei, citing U.S. sources: Japan and the United States considered joint intervention in the currency market in January.