Japan's finance minister Katayama told the G20 that markets warrant urgent, heightened attention.

GAC Group's Inpai battery produced its 300,000th pack today. Feng Yu, vice president of GAC's Haobo Aion BU, said many carmakers' in-house battery efforts focus on pack integration and BMS application layers while core cell technology remains externally sourced; GAC pursues full-stack in-house development and production from materials and cells to pack. He said owning core battery technology and product-definition rights is necessary for healthier development.

Bank of Japan policy board member Koeda said she still wants to assess the cumulative impact of policy-rate hikes on household behavior.