Iranian parliament speaker Ghalibaf said he held a meeting with the president of Azerbaijan in Baku.

Goldman Sachs' China macro team says Chinese household asset allocation is in the early stage of a structural shift. With real estate's role in wealth accumulation waning and deposit rates low, savings may gradually reallocate into broader financial assets; equities and insurance are likely mid-term beneficiaries. Equities currently account for under 10% of household assets, implying substantial room for further reallocation. The bank cautions the adjustment will be uneven—household risk appetite remains cautious and financial wealth is unevenly distributed—so change is unlikely to be linear or broad-based. If household confidence stabilizes and capital market returns prove attractive, equities could take a larger share of new household savings.

On the 23rd Lebanese President Joseph Aoun spoke by phone with U.S. Vice President Vance and Secretary of State Rubio to discuss Lebanon’s situation and progress after U.S.-Iran talks in Switzerland, the presidential office said. Vance and Rubio reiterated U.S. support for the Lebanese government and sovereignty and said Washington is following up on memoranda of understanding from the Swiss talks, including creating a U.S.-Lebanon-Iran mechanism to shore up the ceasefire and monitor implementation. U.S. officials said they are reviewing the proposed mechanism’s structure and operational arrangements.