Bank of Japan Deputy Governor Shinichi Uchida said he could not disclose Governor Kazuo Ueda's views.

EU High Representative for Foreign Affairs and Security Policy Kallas said broader work on a 21st round of sanctions against Russia is underway.

HSBC Research says Chinese internet stocks have lagged YTD on investor concerns about higher AI spending and disruptive AI agents, ongoing regulatory scrutiny and US listings on a military-related entity list, and weak consumption. The bank notes large-cap Chinese internet names trade at a c.47% PE discount to US peers and China AI concepts at c.40%. HSBC flags that market fears of a MaaS token price war may be overblown. It estimates Alibaba’s MaaS business is materially undervalued—using $1.5bn annualised revenue as of June and a 21x P/ARR multiple implies potential value of $13 per share; cloud gross-margin expansion and a possible chip-unit spin-off add upside. HSBC also says external financing of Kuaishou’s Keling unit could be a key catalyst; on $500m ARR and 21–30x P/ARR it implies HK$22–32 per share.