EU diplomats said EU ambassadors failed to reach agreement on the 21st round of sanctions against Russia.

South Korean stocks jumped on Wednesday as forced selling tied to leveraged positions that had pushed the benchmark nearly 30% below its peak appears to be nearing an end. The rebound eased selling that had erased about $1.2 trillion of market value since June highs. Market participants said the rout was driven mainly by leveraged ETFs unwinding, a contraction in retail margin loans and renewed doubts over the sustainability of the memory-chip boom. JP Morgan strategist Mixo Das and colleagues estimate leveraged ETF holdings have been about 75% unwound. Data from the Korea Financial Investment Association show leveraged equity exposure fell to a three-month low as of July 16; margin lending dropped to KRW33.4 trillion (USD22.6bn), down 13% from the end-June peak, which many investors view as a clear signal of improving market conditions.

特斯拉(TSLA.O)AI业务副总裁：预计未来在更多城市推出Robotaxi所需的时间将继续缩短。