The Bank of Japan maintained its interest rate at 0.5% amid escalating trade war concerns, with Governor Ueda emphasizing potential future hikes while monitoring Trump's tariff impacts. This decision followed previous days' speculation about monetary tightening and rising long-term interest rates.
The political gift voucher controversy widened to include former Prime Minister Kishida, who reportedly distributed 100,000 yen worth of vouchers to parliamentary vice ministers in 2022. This extends the scandal beyond current PM Ishiba, whose approval ratings had already plummeted due to similar allegations.
In international news, Putin agreed to halt strikes on Ukraine's energy infrastructure but rejected a full ceasefire in talks with Trump, suggesting Russian advantage in negotiations. Meanwhile, Chinese automaker BYD's breakthrough in 5-minute EV charging disrupted the market, continuing the technological competition trend with Japanese manufacturers.