China government bond futures most-active contracts: 2-year (TS) +0.02%, 5-year (TF) +0.04%, 10-year (T) +0.05%, 30-year (TL) +0.20%.

U.S. Vice President Vance said Washington’s current priority is ensuring commercial traffic can transit the Strait of Hormuz. In a Fox News interview he said Sunday’s U.S. strike on Larak Island was intended to prevent Iran from laying sea mines in the strait. He accused Iran’s leadership of trying to choke oil and gas exports, called the tactic strategically unwise and “really crazy,” and said Washington had expected Tehran might take such steps.

South Korea's 2027 budget proposal requests a 12.8% increase in government spending.