A-share semiconductor sector swung higher; Qizhong Technology, Jiangfeng Electronics, Yuanjie Technology and JiehuaTe jumped more than 10%, Cambricon rose over 5%. Kaihua Materials, Chipsea Technology, Qiangyi, Ashichuang and Yake Technology also advanced.

Brazil's finance minister Durigan said Brazil responded to the United States with considerable diplomatic skill.

S&P said UK manufacturing’s rapid expansion may be temporary after the final May PMI rose to 53.9 from 53.7, a four-year high. S&P said much of the upswing reflects firms front‑loading purchases to hedge expected price rises and delivery delays tied to the Middle East/Iran conflict, creating a marked divergence from the broader economy. Domestic uncertainty, including a continued challenge to Prime Minister Starmer’s leadership, could begin to weigh on consumer spending and corporate decisions.