Potential UK prime ministerial successor Burnham said he will ensure UK domestic firms are better positioned to win public procurement contracts.

China A-share STAR 50 index pulled back into the red, down about 0.7% after earlier jumping more than 4%. Constituents Yuanjie Technology, Shengyi Electronics and Jinghe Integration were the biggest decliners.

The China Academy of Information and Communications Technology, with Leike Defense, Beijing Institute of Technology and North China University of Technology, won approval from the Beijing Municipal Science & Technology Commission and the Zhongguancun Administrative Committee to establish the Beijing Key Laboratory for Space-based Intelligent Computing Systems. The lab is focused on on‑orbit deployment of high‑performance AI compute to enable real‑time, intelligent processing of space and air data. It identifies core technical constraints: distributed collaboration across on‑orbit compute payloads, limited processing‑chip performance, insufficient high‑reliability general‑purpose compute, thermal engineering challenges for high power‑density systems, and difficulty deploying AI algorithms in orbit. The lab will pursue full‑stack hardware‑software co‑innovation across architecture, processing chips, computing platforms and intelligent algorithms to develop scalable engineering systems for in‑orbit intelligent data processing.