Major Australian banks plan to cut about 6% of headcount and trim adviser and contractor costs.

Indonesia Stock Exchange said it will lower the automatic rejection lower limit for stocks priced between IDR11 and IDR14 to IDR1 rather than a 7% threshold, calling the change part of efforts to ensure orderly, fair and efficient trading and to improve price discovery.

The PBOC and multiple ministries issued guidance to support international tech-innovation centers in Beijing, the Yangtze River Delta and the Greater Bay Area, directing financial policy to accelerate tech commercialization. Guidance calls for linking finance across R&D, pilot-scale and industrialization stages; leveraging China Technology Exchange, Shanghai Technology Exchange and the Shenzhen Stock Exchange technology trading center to pilot full‑chain services for tech assets — confirmation, valuation, pledge and disposal — and to interconnect those exchanges with the national unified technology transaction service platform to speed mutual recognition of valuation and transfer. It urges eligible financial institutions to deepen cooperation with technology trading platforms and expand precisely tailored technology and intellectual‑property financing products, and to bolster finance for pilot platforms, university tech‑transfer centers and national university science parks. Regulators will完善 the insurance framework for commercialization risk, promoting cost‑loss and pilot testing insurance as well as product‑quality, liability and expense‑loss/compensation coverage to reduce conversion risk.