China's National Financial Regulatory Administration approved the dissolution of Volvo Car Financial (China) Co., Ltd.

TrendForce says AI's shift from large-model training to inference-focused Agentic AI is structurally expanding memory demand and that a short-term supply shortfall will keep upward pressure on prices. The research house raised its global memory market value forecast for 2026 to $889.3 bln (previously $551.6 bln) and for 2027 to over $1.28 tln (previously $842.7 bln), implying roughly 44% YoY growth.

Japan April industrial production YoY preliminary 2.3% (exp 0.7%, prev 2.4%).