South Korea's KOSPI climbed over 1% intraday, with SK Hynix up 2.9% and Samsung Electronics up 4%.

China’s National Medical Products Administration (NMPA) and National Healthcare Security Administration (NHSA) formed a joint inspection team to screen drug traceability-code clues and inspect medical institutions and pharmaceutical wholesalers in selected cities in Inner Mongolia and Shanxi. The inspections focus on prominent medical-insurance fund management issues and key links in drug distribution, using drug traceability anomalies and clues of duplicate medical-insurance claims as entry points. Agencies inspected certain hospitals and pharmacies and said discovered violations will be strictly dealt with according to law.

CENTCOM said it completed a new round of strikes on Iran at 10:15 p.m. ET on July 13 after a five-hour operation, hitting multiple military targets inside Iran — Bushehr, Chabahar, Jask, Konarak, Abu Musa island and Bandar Abbas — aimed at degrading Iran’s ability to attack merchant shipping. CENTCOM said forces used precision-guided munitions to strike coastal defenses, missile and drone sites and maritime warfighting capabilities. More than 50,000 U.S. service members are deployed in the Middle East.