The European Central Bank should err on the side of further interest rate hikes as inflation could come in even higher than it expects, two ECB policymakers said on Monday, even as the bank's chief economist opened the door to a pause.

China cut its lending benchmarks on Tuesday in the first such easing in 10 months, as authorities seek to shore up a slowing recovery in the world's second-largest economy, with more stimulus expected.

The U.S. dollar rose broadly on Tuesday and notched a seven-month high against the yen, while the yuan slipped after China cut two benchmark lending interest rates for the first time in 10 months.

Japan's currency policy won't immediately change after the United States removed the country from its monitoring list, Finance Minister Shunichi Suzuki said on Tuesday, noting that the move came in coordination with Washington.

The Philippine Rubber Research Institute (PRRI) is formulating strategies and forging collaborations to tackle Pestalotiopsis Leaf Fall Disease (PLFD) while simultaneously enhancing the rubber industry in the country.

The Malaysian Automotive Association (MAA) has revealed vehicles sales data for the month of May 2023, which saw a total of 61,795 units delivered to customers. This represents a 32.7% increase from the 46,583 units sold in April 2023.