Brazilian Finance Minister Haddad: Brazil needs to achieve economic growth with low inflation and low unemployment.

National Hurricane Center: Bud is moving rapidly northwest over the open ocean.

Brazilian Finance Minister Haddad: The Brazilian government plans to propose an income tax plan in the second half of the year.

Two helicopters collided and crashed in Western Australia, Australia.

Brazilian Finance Minister Haddad: Changes in consumption tax will take precedence over adjustments to income tax.

Japanese Chief Cabinet Secretary Yoshimasa Hayashi: We welcome strong guidelines for raising the minimum wage and will work to achieve wage targets faster.

Brazilian Finance Minister Haddad: No need to postpone implementation of tax reform regulations beyond this year.

Brazilian Finance Minister Haddad: Not worried about the Brazilian Senate discussing tax reform in the second half of the year.

Brazilian Finance Minister Haddad: Brazil has sufficient resources to eliminate hunger.

Market news: The United States may provide financial support to Vietnam in the sale of C-130 transport aircraft.

Market news: The United States and Vietnam are negotiating the sale of Lockheed Martin C-130 transport aircraft.

One-week USD/JPY implied volatility jumped to 14.015%, while two-week implied volatility rose to 11.99%, both the highest since May 3.

Police said the death toll from Typhoon Gemi in the Philippines has reached 20.

The Philippine stock index fell 1% to 6,685.12 points.

The Nikkei 225 index extended its intraday losses to 3%.

LG Energy: Will transform existing production lines for other applications.

LG Energy: Will adjust the speed of capacity expansion and reduce the scale of investment.

LG Energy: Lowered its U.S. electric vehicle growth forecast from 30% to about 20%.

The Philippines said heavy rains killed at least 13 people.