China's front-month commodity futures opened mostly higher. Synthetic rubber rose >4%; natural rubber and 20# rubber gained >3%; rapeseed oil and soybean No.1 were up ~2%; palladium, rapeseed meal and Shanghai gold rose >1%. Decliners: SC crude fell >2%; fuel oil and low-sulfur fuel oil (LU) dropped ~2%; LPG, asphalt and Shanghai nickel fell >1%; soda ash and Europe–China container freight edged down ~1%.

Construction has begun in Baotou, Inner Mongolia on a storage-compute integration project designed to connect "energy storage" to "tokens." The project couples grid-side energy-storage stations with distributed intelligent computing centers, creating a dynamic power–compute operating mechanism to link green electricity to large-scale token production and to explore new models for deeper power-compute coordination.

U.S. banking regulators said they reviewed resolution plans (living wills) submitted by 15 banks with assets exceeding $250 billion and found no deficiencies.