Japan May overtime pay YoY 2.9% vs 4.2% prior.

China has completed its first high-precision roundness reference device, filling a domestic gap in roundness measurement traceability and bringing its technical capability into the international advanced tier. The device will provide high-reliability, high-precision traceability support for aerospace, high-end machine tools, advanced optics and semiconductor manufacturing, strengthen the national geometric metrology system, and is expected to inject fresh momentum into technological development and industrial upgrading.

Davos founder Klaus Schwab plans to return to the World Economic Forum.