Israel Defense Forces said it earlier received a report of a suspicious aerial object near the southern Gaza border; the report was later confirmed to be a false alarm and there is currently no indication of a security incident.

Fujia Gallium said it used its proprietary vertical Bridgman (VB) method to grow 6‑inch Ga2O3 single‑crystal boules exceeding 70mm in thickness. Pinghu lab HRXRD reported excellent crystallinity and the China Institute of Metrology confirmed electrical properties meet SiC industry substrate requirements. Boule thickness is a key indicator of growth maturity and industrialisation; thicker boules allow more substrates per crystal, directly lowering per‑wafer cost.

US firms are stepping up acquisitions of European asset and wealth managers, lifting YTD deal value to over $14bn — the highest level since Dealogic began tracking in 1995. Buyers include rival fund groups, insurers and private equity; industry executives point to pressure from low-cost passive funds and rising regulatory and operating costs as increasing takeover risk for European managers, while private equity is actively acquiring wealth managers amid growing demand for financial advice.