Oman said 23 crew from the vessel GFS Galaxy have been rescued; one crew member remains missing and search operations are ongoing.

Japan will press the Government Pension Investment Fund (GPIF), the world’s largest pension fund, to lift allocations to unlisted equities, real estate and other alternatives. Finance Minister Kato said the government aims to steer the about $1.8 trillion GPIF and other national pension funds to significantly increase domestic asset holdings to support the weak yen; his comments on Friday pushed the yen higher and boosted Japanese government bond prices. Alternatives made up 1.7% of GPIF assets in March, well below the 5% cap; a government panel will soon issue a report recommending raising the share toward 5% to broaden asset management scope and reduce overall portfolio risk.

China Merchants Securities says recent A‑share volatility has risen partly from spillovers of overseas tech turbulence, with leverage in Korea and comments from Meta driving sharp moves. At the industry level it highlights domestic compute as a near‑term catalyst ahead of a major AI conference where Huawei will first demonstrate the Atlas 950 SuperPoD — billed as the industry’s largest super‑node. The recent Hong Kong rebound, led by Alibaba’s earnings preview, may reflect an oversold bounce; further upside depends on upward revisions to aggregate Hong Kong earnings and a higher AI revenue share at leading tech firms, to be tested in upcoming interim results.