Quick Overview

• Two weeks until the U.S.debt ceiling is hit, Treasury Sec. Geithner says

• U.S. Corn planting progress as of Sunday: 13% v 40% average.

• Japan's domestic vehicle sales collapsed by more than 50pc last month as the impact of March's earthquake and tsunami crippled the supply chain

• YoY South Korea's CPI rose 4.2% in April

• (FT) Britons with billions of pounds hidden in Switzerland will pay tax at 50 per cent under a groundbreaking deal that will legitimise their undeclared assets, according to a source familiar with negotiations between the Swiss and British governments.