Bank for International Settlements: Following the recent banking crisis, financial regulators must increase their budgets "significantly" and strengthening day-to-day oversight is critical to preventing more bank failures.

The MSCI index of shares in Asia outside Japan rose 1.61%, on track for its biggest one-day gain in two months.

Japanese Ministry of Finance: Japanese and South Korean deputy finance ministers will meet on June 1-2.

Japanese Finance Minister Shunichi Suzuki: Suzuki Motors will suspend operations at two factories for three days due to chip shortages.

Bank of Korea member Suh: Although the Korean won is weak and volatility has increased, the risk of sudden capital inflows is not high.

Market news: South Korea and Japan may hold a meeting of finance ministers on June 29.

Kazuo Ueda, Governor of the Bank of Japan: The Bank of Japan will maintain a large-scale monetary easing policy because it will take more time to achieve our price target.

Kazuo Ueda, Governor of the Bank of Japan: The Bank of Japan has not yet reached the point where it can discuss the details of the J-REIT exit strategy.

The Australian dollar rose more than ten points against the US dollar in the short-term, hitting 0.66, up 0.58% within the day.

Kazuo Ueda, Governor of the Bank of Japan: There is still some distance from reaching a stable price target.

Kazuo Ueda, Governor of the Bank of Japan: The Bank of Japan expects CPI to slow down significantly in the middle of this fiscal year.

Kazuo Ueda, Governor of the Bank of Japan: I hope to help maintain trust in the yen by achieving the price target.

Japanese Finance Minister Shunichi Suzuki: Foreign exchange trends are driven by the market.

Japanese Finance Minister Shunichi Suzuki: Need to work hard to maintain fiscal health in order to maintain trust in the yen.

Japanese Finance Minister Shunichi Suzuki: A weak yen has both positive and negative effects on the economy.

Japanese Finance Minister Shunichi Suzuki: There are many reasons for exchange rate fluctuations.

Royal Bank of Canada: raised the RBA terminal interest rate forecast to 4.35% from 3.85%.

Royal Bank of Canada: The RBA is expected to raise interest rates by 25 basis points in June and July.

Kazuo Ueda, Governor of the Bank of Japan: Improving the potential growth rate is a key issue for Japan.