Consumer price index inflation in Japan’s capital read below expectations in May, data showed on Friday, amid steady food prices and increased government spending to ease electricity costs. 

U.S. Commerce Secretary Gina Raimondo raised concerns about Chinese actions against U.S. firms operating in China with Chinese Minister of Commerce Wang Wentao during a meeting on Thursday in Washington, according to a U.S. readout.

Singapore's economy contracted in the first quarter, raising the risk of a recession in the city state as the global economic outlook weakens and major trading partner China struggles for a post-COVID lift-off.

outh Korea's producer prices rose in April at the slowest pace in 27 months, as agricultural and utility prices fell, central bank data showed on Thursday.

Traders increased their bets on further interest rate increases by the Bank of England after faster-than-expected UK inflation derailed expectations that the tightening cycle was almost over. 

Britain's stubbornly high inflation rate fell by less than expected last month and a closely watched measure of core price rises surged to a 31-year high, according to official data that raised the chances of more interest rate hikes.