China's STAR 50 Index rose more than 3%; among constituents, Huahai Qingke jumped over 10% and Cambricon advanced over 6%.

Local police said Russian forces struck an agricultural warehouse in Ukraine’s northern Chernihiv region, killing three.

Iran Labour News Agency (ILNA) quoted a Pakistani source familiar with US‑Iran ceasefire diplomacy saying Washington may be pursuing a 'phased' agreement with Iran. The source told Erm News that recent Trump comments about the war ending before or after the US midterms reflect political and military calculations rather than imminent comprehensive settlement. It said the US would likely maintain military and economic pressure while keeping channels open to pivot to staged understandings if a full deal proves elusive. First‑phase measures would most likely target shipping security and preventing escalation; later phases could address Iran's nuclear programme, missile capabilities and regional role. The source cautioned Trump’s remarks should not be read as a signal that military action will stop, and said Washington may use the coming months to recalibrate negotiating terms and strengthen its position ahead of broader talks. The report has not been confirmed by major outlets; oil prices fell on publication.