SoftBank surpassed Toyota on Monday to become Japan's largest company by market capitalization, propelled by AI demand and heavy exposure to OpenAI. SoftBank has rallied about 73% year-to-date and jumped over 8% on Monday to a record high after pledg

2026-06-01

SoftBank surpassed Toyota on Monday to become Japan's largest company by market capitalization, propelled by AI demand and heavy exposure to OpenAI. SoftBank has rallied about 73% year-to-date and jumped over 8% on Monday to a record high after pledging up to €75 billion to build a large AI compute-cluster network in France; its market value exceeded 46 trillion yen (~$288bn). Toyota, which closed Friday with a market value just above 48 trillion yen, fell about 4.5% on Monday, dropping below 46 trillion yen.

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2026-06-01

Energy: 1. India raises commercial LPG prices. 2. Macron claims French Navy intercepted an oil tanker in the Atlantic. 3. Japan's Ministry of Finance: Foreign exchange market intervention amounted to 11.7 trillion yen between April 28 and May 27.

2026-06-01

[June 1, 2026 Interbank Foreign Exchange Market Central Parity Rate of the RMB] USD/CNY was 6.8167, down 9 points (RMB appreciation); EUR/CNY was 7.9122, down 38 points; HKD/CNY was 0.86986, down 4.3 points; GBP/CNY was 9.1339, up 4 points; AUD/CN