Canada's Prime Minister Carney said he is monitoring President Trump's threat to impose a 50% tariff on autos.

Financial Times reports KPMG's Australia unit will cut hundreds of jobs and reduce average partner compensation by 13%, saying growth may remain subdued for at least the next two years after an audit scandal.

At midday, China’s main onshore futures contracts were mostly higher. Container-shipping Europe route surged over 5% and ethylene glycol (EG) was up nearly 5%; coke and Shanghai gold rose about 3%; platinum, soda ash and caustic soda gained over 2%, while propylene and glass advanced near 2%. On the downside, apples, polysilicon and live hogs fell more than 2%; eggs, rapeseed, paraxylene (PX), rapeseed oil and PTA were down over 1%.