Reuters survey: 94% of economists expect the Bank of Japan to raise its key rate to 1.00% in June (May survey: 65%).

Civil aviation enters the seasonal peak ahead of the Dragon Boat Festival and summer holidays, but Shenzhen-origin fares have plunged. In the week before the festival, one-way tickets from Shenzhen to Hangzhou, Guiyang, Haikou and Wuhan are selling for just over 200 yuan—about half to one-third of typical July averages. Travelers report return fares can be roughly 1,000 yuan cheaper if the return date avoids the holiday peak. Some long-haul routes to northern destinations are even cheaper. Online travel platform data show off-peak ticket bookings for June 1–15 rose 19.6% YoY versus last year’s pre-festival period.

Bosch CEO: market environment challenging; Middle East conflict raises risk.