Asics to spin off Onitsuka Tiger, the 77-year-old Japanese retro sneaker brand that has surged amid tourism boom and global demand for vintage footwear.

Japan corporate goods prices rise again in May, adding to inflationary pressures as war in Iran keeps energy elevated

Japan's corporate goods prices rose again in May, indicating growing inflationary pressures across domestic supply chains as the war in Iran continues and keeps energy prices high.

China's factory-gate inflation hits nearly 4-year high in May, Reuters reports. Producer price index rose 6.8% year-on-year, signaling persistent cost pressures in the world's second-largest economy.

China's factory-gate inflation hit a nearly four-year high in May, according to Reuters.

Steadfast Group, an Australian insurance broker, receives a buyout offer from US-based Amwins and private equity firm Dragoneer.

Australian insurance broker Steadfast Group received a buyout offer from Amwins and Dragoneer.

China consumer inflation stalls in May as factory-gate prices rise at fastest pace in nearly four years, signaling potential end to record deflation streak, Bloomberg reports.

China's consumer inflation unexpectedly stalled in May even as factory prices rose at the fastest pace in almost four years, as higher commodity costs bring closer the end of a record streak of economy-wide deflation.