Alibaba (BABA.N) shares rose over 5% in premarket trade after reports said its Qianwen AI will be integrated into Apple's Apple Intelligence platform.

Germany will cut over €30 bln from its Climate and Transformation Fund by 2030 and shift part of the money into the federal budget, the cabinet approved. The plan reduces fund spending by €19.7 bln over the next four years and transfers a further €13.2 bln to the federal budget. The coalition led by Chancellor Merz and Finance Minister Klingbeil had previously allocated €10 bln to the fund; some projects backed by the fund will face funding cuts as part of public spending consolidation. The government said the reductions are partly justified by a separate multibillion-euro subsidy scheme to lower electricity costs for energy‑intensive firms, which requires participating companies to invest in reducing production-related emissions.

中国6月全社会用电量 8981亿千瓦时，前值8671亿千瓦时。