Japanese Finance Minister Katayama says direction on sales tax cut hasn't been decided, adds government will not rely on debt to finance the food sales tax cut

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Japanese Foreign Exchange Reserves (May) 1305.9B (Prev. 1383B)

PRE-MARKET AUSTRALIAN, JAPANESE & SOUTH KOREAN STOCK NEWS: SoftBank Group (9984 JP)-backed PayPay will enter the life insurance business as early as October 2027 through the acquisition of T&D Financial Life Insurance for USD 839mln

Japanese Finance Minister Katayama says direction on sales tax cut hasn't been decided, adds government will not rely on debt to finance the food sales tax cut

South Korea's Finance Minister says will respond if effects of volatility increases and inflation pressure worsens

Japanese Household Spending MoM (Apr) M/M 1.6% vs. Exp. 0.8% (Prev. -1.3%)

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