U.S. National Highway Traffic Safety Administration says Ford is recalling 548,463 vehicles in the U.S.

An explosion was heard in Varamin in Tehran province at about 04:20 Iran local time on June 11 (08:50 Beijing time). There has been no official comment. Earlier, an explosion was also reported in Karaj, capital of Alborz province, about 36 km west of Tehran.

China's main futures front-month contracts closed mostly higher at the morning session. Polysilicon rose over 4%; low-sulfur fuel oil (LU) gained nearly 4%. Palladium, fuel oil, liquefied petroleum gas (LPG), Shanghai crude (SC), methanol and lithium carbonate advanced more than 3%. On the downside, Shanghai gold fell over 4%, Shanghai silver nearly 4% and Shanghai zinc more than 2%; international copper, Shanghai nickel, Shanghai copper, ferrosilicon and Shanghai tin were down over 1%.