(Bloomberg) -- Welcome to Monday, Asia. Here’s the latest news and analysis from Bloomberg Economics to help get your day started:

• President Donald Trump golfed and attended a Sumo wrestling match with Japanese Prime Minister Shinzo Abe. But the real business starts today as the two leaders sit down in an attempt to resolve tensions over trade and defense ties
• The hunt for a new president of the European Central Bank will gather pace this week as euro-area leaders congregate in Brussels -- here’s our weekly rundown of key economic events
• Meanwhile in the U.K., Theresa May’s resignation threatens to turn the race to lead the Bank of England on its head
• South Korea’s government may lower its growth forecasts slightly for 2019 when it announces its economic policy direction next month
• New Zealand households’ outlook on property slumped in the three months through April
• Why Australia’s gas industry is in a relative sweet spot

To contact the reporter on this story: Chris Bourke in Sydney at cbourke4@bloomberg.net

To contact the editors responsible for this story: Nasreen Seria at nseria@bloomberg.net, Tracy Withers

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