Iran's Hormozgan Airport Authority said Bandar Abbas International Airport will resume flight operations on August 15.

Hong Kong-listed aluminium stocks opened stronger: Innovation Industrial (02788.HK) jumped over 6%, Aluminum Corporation of China (Chalco, 02600.HK) rose more than 4%, with China Hongqiao (01378.HK) and Nanshan Aluminium International (02610.HK) also higher.

A Bloomberg survey of economists shows Russia is expected to return to growth in Q2, with the median forecast at +0.9% YoY after a Q1 contraction — the first in three years. Sustained government spending above budget remains the main driver of wartime growth. Double-digit wage gains are squeezing corporate margins but supporting resilient consumer demand. An increase in working days could lift annual growth and offset last quarter’s drag. Escalating Ukrainian drone strikes deep inside Russia pose a downside risk to this fragile recovery.