Putin said actions by Ukrainian armed forces are creating disruptions to Russia's oil-product supplies, but he said conditions would gradually improve.

Taiwan's TAIEX closed up 25.91 points (0.06%) at 45,380.52 on Monday, July 13.

Refinitiv, citing sources, said Japan has no plan for a broad overhaul of the Government Pension Investment Fund's (GPIF) asset allocation. The yen weakened about 0.4% to 162.36 per dollar and JGB futures extended losses after the report. Sources added Japan could still use existing allowances to shift some pension funds into domestic assets. Last week Japan's finance minister Katayama urged large pension funds, including GPIF, to boost domestic allocations, a call that had earlier supported the yen and JGBs. Some investors questioned whether the yen rally can be sustained given geopolitical risks, fiscal concerns and persistent interest-rate differentials.