Samsung Electronics labour union in South Korea signals willingness to actively engage in the second round of mediated talks.
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Oil prices surge as U.S. crude futures rise over $2, reaching $107.52/bbl, the strongest level since April 30.
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The Taiwan overnight interbank rate starts at 0.805%, flat versus the prior session.
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Yield on Japan’s 5-year bonds advances to 2.025%, up 4 basis points.
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Samsung Electronics jumps more than 3%, extending its upside momentum.
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Shanghai tin futures extend losses, falling over 4% in the most active contract.
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Taiwan equities decline over 2%, extending market weakness.
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Apple Is Making Hit Products and High Profits From Imperfect Chips-WSJ
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Gold Consolidates; May be Weighed by Fed Rate-Hike Expectations-WSJ
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Oil Rises Amid Prospects of Prolonged Strait of Hormuz Closure-WSJ
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China’s central bank sets the yuan midpoint at 6.8435 against the dollar, compared with last close of 6.8140.
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Hong Kong records 10 tremor reports after magnitude 5.2 quake hits Guangxi-SCMP
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German Bund and French OAT futures slip 0.4% in early deals.
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Yield on Japan’s 5-year bonds advances to 2.035%, up 5 basis points.
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Yield on Japan’s 30-year bonds surges 17 basis points to 4.170%, marking an all-time high.
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China’s gold-related CSI SSH equity index is poised to start the session down over 2%.
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Japan plans a 2.5 trillion yen 5-year government bond sale at a 2.000% coupon.
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CHINA (APR) USED HOME PRICES MOM ACTUAL: -0.23% VS -0.24% PREVIOUS
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China’s currency opens marginally higher at 6.8133 against the dollar, compared with 6.8140 previously.
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The 30-year JGB yield climbs 20 bps, reaching 4.2%.
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European futures remain under pressure, with EUROSTOXX 50 down 1.1%, DAX off 1.0%, and FTSE slightly lower by 0.1%.
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