China A-share storage-chip names surged in the opening auction; GigaDevice, Demingli and Taiji Industrial opened locked at the daily limit, while Puran, Beijing Junzheng, Baiwei Storage, Jiangbolong and Dapuwei rose more than 10%.

Turkish officials said Turkey expects oil shipments from Iraq to continue despite failure to renew a decades-old pipeline agreement that expired on Monday. Erdogan and Iraqi Prime Minister Ali Zaidi failed on Tuesday to reach a final deal on the 986 km (613 mile) Kirkuk-Ceyhan pipeline, but agreed to maintain deliveries while talks continue. Officials said any final accord would be backdated to July 27, the expiry date of the previous 53‑year agreement.

Spot palladium rises more than 3% to $1,311.6/oz.