Renault CEO said strategy head Recasens will leave Renault on July 1 to join Spanish defense company Indra.

Tsinghua University’s Department of Computer Science and iSoftStone Co., Ltd. have launched an AI systems joint research center to build a high-level, integrated industry–academia–research innovation platform focused on core AI foundational software and hardware technologies, aimed at advancing autonomous, China-controlled foundational AI infrastructure and supporting high-quality development of China’s AI industry.

By the morning-session close, China's main futures contracts were mostly lower. Shanghai silver slid nearly 7%, platinum fell over 5% and Shanghai gold dropped almost 4%. Coking coal declined more than 3%; LPG and palladium were down about 3%. No.20 rubber and Shanghai nickel lost over 2%. On the upside, container freight to Europe and alumina rose over 3%, industrial silicon gained more than 2%, caustic soda, ferrosilicon and eggs were up over 1%, while manganese silicon and live hogs rose about 1%.