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Sony Groups stock price rose 6%.
According to ABC News, the U.S. Centers for Disease Control and Prevention (CDC) has designated the Hantavirus outbreak as a Level 3 emergency response, the lowest level of emergency activation.
Sony: Fourth-quarter operating profit was ¥163.54 billion, compared to a forecast of ¥271.45 billion. Full-year operating profit is expected to be ¥1.60 trillion, compared to a forecast of ¥1.63 trillion.
May 8th - According to Reuters, a source familiar with the matter said on Friday that Japan intervened in the foreign exchange market again during the early May holidays, in addition to the yen-buying operation on April 30th. This follows a series of market interventions by Japan. The source did not comment on the specific timing, frequency, or scale of the interventions. Calculations based on Bank of Japan money market data suggest that Japan may have spent as much as 5 trillion yen (approximately $32 billion) between May 1st and May 6th. Traders suspect that the three larger fluctuations in the yen-dollar exchange rate up to Wednesday signaled further intervention. With Japanese markets closed for a three-day holiday, the latest Bank of Japan data suggests these operations may have occurred across multiple trading sessions. According to IMF standards, a maximum of three interventions within six months are still classified as a "free-floating" exchange rate regime, with operations conducted within three business days counting as one.
Japans Ministry of Foreign Affairs: Japanese Minister of Economic Revitalization Ryosuke Akazawa attended the G7 Trade Ministers Meeting in France. The meeting discussed topics such as the value chain of important minerals, the outcomes and future of the World Trade Organization (WTO) ministerial conference, and held informal exchanges of views on the impact of the Middle East situation on the economy and trade.