South Korea's presidential chief of staff urged funds to invest in future growth drivers and to address K-shaped polarization.

A wildfire in Trévillach, Pyrénées-Orientales continued to spread on July 5, with burned area reaching about 1,500 hectares. Authorities said firefighting is difficult and have deployed roughly 700 firefighters, 200 fire engines and nine firefighting aircraft. About 80 residents were evacuated and residents in several villages were ordered to shelter indoors.

Guotai Haitong said international oil prices have fallen and domestic fuel prices are set to be reduced month-by-month. The broker notes school summer breaks are slightly later in 2026, presales have accelerated since late June, hotel and rail bookings are up YoY while air ticket presales lag 2025 amid higher fares, and parent-child travel has remained strong over the past three years and is viewed as inelastic. It expects student-driven passenger traffic to rise from early July, pushing air fares back into positive territory; higher flight completion rates versus Q2, together with peak-season supply-demand support and reduced destructive price competition, should materially improve airline operating performance.