Baker Hughes CEO said Middle East infrastructure reconstruction could create opportunities to expand and upgrade gas and power infrastructure.

U.S. Secretary of Defense Hegseth said he welcomed a meeting with Australia's deputy prime minister and that they will work to optimize the alliance to strengthen deterrence and deliver results.

At the morning close in China, most-traded futures were mixed: ethylene glycol (EG) rose more than 3%, synthetic rubber nearly 3%, alumina, apples, coking coal, PVC and red dates each gained over 2%, and platinum climbed above 1%. Decliners included lithium carbonate down over 3%, Europe-route container shipping freight down more than 2%, caustic soda down about 2%, fiberboard down over 1% and benzene down roughly 1%.