BOC Governor MACKLEM said businesses are beginning to adapt to uncertainty around U.S. trade policy.

The Ministry of Natural Resources, together with the Ministry of Public Security, State Taxation Administration, SAMR and the National Financial Regulatory Administration, jointly issued a notice to streamline registration for corporate real estate acquisitions, deepen transfer-with-mortgage reforms and reduce firms’ bridge financing costs. The notice calls for flexible, location‑specific models, including combining transfer and mortgage registration to enable seamless rollover of new loans to repay old loans; promoting cross‑bank implementation of transfer-with-mortgage procedures; and encouraging advance notice (pre‑registration) to prevent gaps in mortgage rights. It instructs protection of legal rights for buyers, sellers and incumbent and incoming lenders and emphasizes safeguarding financial stability.

Ukrainian Sea Ports Authority said two vessels were attacked while transiting the Ukrainian Black Sea corridor; the damaged ships were flagged Panama and Barbados.