Sources say supply-chain software maker SPS Commerce is exploring a sale and has hired Morgan Stanley to advise. SPS Commerce shares were up more than 7%.

Pakistan's prime minister says double standards on ballistic missiles are unacceptable.

The National Food and Strategic Reserves Administration said summer grain harvests are underway and market-season procurement has begun, with cumulative wheat purchases exceeding 30 mln tonnes. Large-scale mechanized harvesting is largely complete and buying is proceeding orderly from south to north, with progress broadly in line with last year. Reserve firms are conducting rotation purchases while processors, traders and feed companies are actively buying, keeping market trade relatively active. Average purchase price in major producing areas is about 1.21 yuan/jin (≈2.42 yuan/kg); premiums for higher-quality varieties are roughly 0.10 yuan/jin. The administration will coordinate market-based procurement and policy reserves, strengthen market monitoring and early warning, refine extreme-weather contingency plans and improve post-harvest services (drying, cleaning) to ensure farmer sale channels and market stability.