South Korea's KOSPI rose 5% intraday to 5,950.55, with Samsung Electronics up 7% and SK Hynix up 3.2%.

Cuba's foreign ministry on the 28th condemned remarks by Colombia's president-elect proposing to close Colombia's embassy in Havana and sever diplomatic relations after taking office, saying the plan "succumbs to US pressure on Cuba," "lacks reasonable basis" and is not in Colombia's national interest. The statement warned that implementing the move would violate the founders' ideal of Latin American and Caribbean unity and would expose the incoming Colombian government as yielding to a policy aimed at sowing division and conflict between the two countries.

Vessel traffic at Santos, Brazil's largest port, has been temporarily suspended due to strong winds.