Surveys on Brexit impact showed that British customers are increasingly looking for bargains to offset soaring inflation, while employers suffer from a lack of available workers.
The official data revealed that Japanese cash wages dropped 0.4% year-over-year in March, the strongest decline in two years, amid insufficient pay hikes.
Any tightening in global monetary conditions or increase in trade protectionism makes Asia's economies to face uncertainty and risks of downside growth, the IMF said.
Haruhiko Kuroda, the Governor of the Bank of Japan, said that he expects inflation to reach 2% target around fiscal 2018 in respond to the BoJ's intensive monetary easing.
The US Defence Secretary Jim Mattis reported on Monday that the US would thoroughly examine Russia's proposed Syrian safe zones.
The White House reported on Monday that the US President Donald Trump would meet with France's President-elect Emmanuel Macron during the May 25 NATO meeting in Brussels.
On Monday, the White House spokesperson Sean Spicer said that detention of another American citizen by North Korea was "obviously concerning".
The Economy Minister of Turkey Nihat Zeybecki and Brigitte Zypries, her German counterpart, met on Monday to discuss strengthening of bilateral business and trade ties.
On Monday, a number of nations called on the US President Donald Trump to stick to the 2015 Paris Agreement to curtail global climate change.
The President of the St. Louis Fed James Bullard said the recent sluggish economic performance should undermine the Fed's plans for further interest rate hikes.
Malaysia's most-wanted Islamic State member Muhammad Wanndy Mohamed Jedi was killed in Raqqa, Syria, on April 29, the Malaysian police confirmed on Monday.
Despite allies and former opponents expressing their willingness to cooperate with Macron, the newly elected French President is set to face huge challenges on his post.
On Monday, Goldman Sachs announced its plans to restructure its investment-banking unit and promote Gregg Lemkau and Marc Nachmann among other moves.
NBC reported on Monday that the former President of the US Barack Obama had warned Mr. Trump against appointing Mike Flynn for the National Security Adviser post.
The Cleveland Federal Reserve President Loretta Mester said the outcome of the French Presidential Election eased concerns over economic turmoil harming the US economy.
Data released on Monday suggested that the Labour Market Conditions Index for the US soared 3.5 over the month of April from the upwardly revised 3.6 gain observed in March.
Austria's Court issued an order that Facebook must delete an insulting content of the Austrian Green party's leader from the country's platform version, despite claims to ban "hate postings" internationally.
On Monday, Donald Trump's Administration will provide oral arguments over the revised travel ban on the six Muslim-majority countries during a scheduled hearing in the US Appeals Court.
The CMHC reported on Monday that Canadian housing starts dropped to 214K units in April, while analysts anticipated a slight rise to 220K from the prior month's 253K units.
The largest world banks JPMorgan, Goldman Sachs and Citigroup are planning to move nearly 9K of job positions out of London amid the Brexit upheaval, outlining plans for their EU operations after Britain's withdrawal from the bloc.
Nestor Espenilla will take up a position of the next Philippine central bank governor for a term of six years, replacing Amando Tetangco who is eager to quit his post in July 2017.
According to the Cabinet Office, Japanese consumer sentiment plunged to 43.2 in April, missing analysts' expectations for a rise to 44.3 from March's 43.9.
China introduced tougher measures on cash withdrawal, adding new security features that would require people to scan their ID cards in ATMs as the machines would be fitted with face-recognition technology.
The South Korean Presidential nominee Moon Jae-in seeks to protect a recovery in the country's economy and hire more policemen, firefighters and teachers in case he wins the election on Tuesday.