Asian Development Bank kept its 2026 Japan growth forecast at 0.7% and raised its 2027 forecast to 0.8%.

China A-share memory chip sector staged an intraday rebound; Huahong Hongli rose more than 10%, while Canxin, Zhongke Feice, Xinyuan Micro and Jingce Electronics also gained.

The Office of the State Council Work Safety Committee issued a notice directing regions, relevant ministries and central SOEs to tighten power-supply safety for critical electricity users. It requires comprehensive inspections and rectification of risks including simultaneous outages of dual-circuit supply systems. Mines, chemical plants, metal smelters and rail operators must carry out special self-checks of their supply systems, log defects in issue registers and complete rectifications within set deadlines. The notice mandates stronger supply-reliability management, strict implementation of dual-circuit supply and on-site emergency generators, and regular changeover drills for switching devices. It also orders enhanced inspection and maintenance of lines and equipment vulnerable to extreme weather, intensified safety training for key staff to improve fault detection and emergency response, and stepped-up supervision to enforce power-safety rules.