Hungary’s finance minister said an EU funds agreement injects cash into the national budget, helping to reduce debt and support economic growth.

June 2 local time — Typhoon Qiangwei is moving toward southern Kyushu. Parts of Miyazaki and Kagoshima prefectures are under third-level heavy rain warnings. Miyazaki City has issued evacuation instructions to 203,316 households.

China's State Council issued the 15th Five-Year Plan to accelerate agricultural and rural modernization, prioritizing expansion of rural consumption. The plan directs support for distributing new-energy vehicles (NEVs), smart home appliances and green building materials to rural markets; mandates development of recycling systems for waste appliances and furniture; and calls for upgrades to rural trade and logistics, promoting producer ties with e-commerce platforms, supermarkets, catering firms and supply-and-marketing cooperatives to better align agricultural supply and sales. It also launches a county-level commercial quality-and-efficiency program advancing a 'Thousand Markets, Ten-Thousand Stores' renovation, and aims to grow rural services — including harvest markets, events, leisure camping, and expanded health, eldercare and childcare services.