BioNTech SE (BNTX.O) shares fell about 10% in U.S. premarket trading after the company said it has terminated its Phase II trial of Cevumeran, a cancer immunotherapy.

Japan's July unemployment rate is due in 10 minutes.

China’s Ministry of Housing and Urban-Rural Development, Ministry of Natural Resources and National Financial Regulatory Administration issued a notice to improve the commodity housing sales system and step up financing support for property projects. The notice mandates a sponsor-bank system: each project selects one sponsor bank by mutual choice with the developer; the sponsor bank may provide development loans alone or lead a syndicate. If land-use rights are pledged for development loans, mortgages should be set on aggregated subdivided land-use rights, with detailed rules to follow. The notice explicitly supports project development companies raising funds via equity, bonds and other channels. For both completed-home sales and presales, financing should, on market principles, meet reasonable project needs and align loan disbursement with the project construction cycle.