Canadian investors net purchased CAD 22.27 bln of foreign securities in May; prior reading revised from a CAD 11.36 bln net sale to a CAD 11.37 bln net sale.

SoftBank Group plans to issue about ¥60bn (≈$369m) of bonds to Japanese institutional investors this month, offering roughly ¥50bn of 3-year and ¥10bn of 5-year tranches in the week of July 27, according to lead underwriter Daiwa Securities. The move underscores growing financing needs; SoftBank earlier raised ¥678bn via retail subordinated notes and tapped US and European bond markets in April. Renewed market concern over AI investment returns has weighed on semiconductor-related names including Arm and pressured SoftBank shares, which have slipped from early-June highs after reports an OpenAI IPO may be delayed. SoftBank has been considering using its OpenAI stake as collateral for margin loans and has scaled planned financing down from $10bn to about $6bn.

Fed Vice Chair Jefferson said the current policy stance can respond effectively to incoming data, a changing outlook and evolving risks.