Meta Platforms (META.O) premarket gains widened to 2%.

BOJ July meeting minutes: a member said developments in the Middle East, rising AI-related demand and a weak yen are pushing up prices.

The Department of Information and Communication Development at the Ministry of Industry and Information Technology (MIIT) has established the IMT-2030 (6G) promotion group's non‑terrestrial networks (NTN) working group in Beijing. China Satcom was invited as one of the initial member units. The NTN group will steer and support domestic organizations in developing international technical standards, coordinate the overall layout of 6G satellite-terrestrial integrated networks, cultivate core 6G satellite communications technologies, and promote industry‑academia‑research‑use coordination. Its remit covers satellite air-interface access, satellite terminal technologies, satellite-terrestrial network integration, and operations, maintenance and application technologies.