China Development Bank said agricultural infrastructure loan disbursements rose 57% YoY through end-May as it expands finance-for-agriculture initiatives. CDB said it will, aligned with the 15th Five-Year Plan for accelerating agricultural and rural modernization, step up mid-to-long-term financing for modern facility agriculture, farmland construction, seed-industry revitalization and state farm development to support stable supply of key farm products and raise agricultural production capacity

Fed Chair Kevin Warsh has invited former Bank of England governor Mervyn King to co-chair a new Federal Reserve communications working group. Warsh, who has made reforming Fed communications a central priority, said he will reassess how officials convey the monetary policy outlook to the public and investors; he did not commit to holding press conferences after every rate decision and has previously encouraged policymakers to reduce the frequency of public speeches. King, who led the Bank of England from 2003–2013 and steered it through the 2008–09 financial crisis, confirmed via his office he will serve as co-chair.

China A-share photoresist stocks rebounded intraday. Xingye Shares posted a "near-limit-up", marking four limit-ups in five sessions; Baihehua recorded two limit-ups in three sessions. Tianlong Group, Nanda Optoelectronics, Tongcheng New Materials, Gelinda and Xilong Science also rallied.