0608 GMT — Japan’s Nikkei Stock Average edged 0.2% lower to close at 32568.11 amid concerns of further Fed tightening. There were hawkish remarks from Fed Chair Powell, along with the threat of further hikes, says Matt Simpson, market analyst at City Index and FOREX.com, in an email. SoftBank Group dropped 8.2% after posting 2Q net loss. Sony Group lost 2.0% after 2Q net profit missed analysts’ expectations. Olympus Corp. shed 2.0% after it cut its FY net profit view. USD/JPY was at 151.38, compared with 151.03 as of Thursday’s Tokyo stock market close. The 10-year JGB yield was up 2.5bps at 0.860%. ([email protected])