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Australia's S&P Global Manufacturing PMI eased to 50.7 in May from 51.3 in April, with new orders falling at the steepest pace since October and selling price inflation hitting a 45-month high.
Berkshire Hathaway has agreed to acquire homebuilder Taylor Morrison for $8.5bn in cash, at $72.50 per share, a 24% premium to Friday's close, with the deal expected to close in the second half of 2026.
US Central Command has quietly guided around 70 commercial ships through the Strait of Hormuz over three weeks, averaging three daily, with vessels running dark to avoid Iranian detection.
The US Commerce Department has closed a loophole that may have allowed hundreds of thousands of advanced Nvidia and AMD AI chips to reach Chinese firms via overseas subsidiaries over the past year.
Iran's parliament security spokesman says no nuclear commitments have been made to the US, as the foreign minister confirms talks are ongoing but urges patience over premature judgements.
China's official manufacturing PMI slipped to 50.0 in May from 50.3, matching forecasts, as export orders contracted sharply; the non-manufacturing PMI rose to 50.1, beating the 49.5 consensus.
Economic and event calendar in Asia 01 June 2026 - Fed's Powell speaking Asian Economic Calendar: Key events and consensus expectations for 01 June 2026
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