Philadelphia Semiconductor Index extended losses to 2.5%; Micron Technology (MU.O) and Arm (ARM.O) fell over 8%, Intel (INTC.O) down 7%, Marvell (MRVL.O) down over 5%, NVIDIA (NVDA.O) down 0.7%.

Taliban spokesman says Pakistani airstrikes along the Afghan border have killed and wounded dozens.

Tianjin has introduced a convenience measure allowing eligible contributors, their spouses and both parents to make a one‑time withdrawal from housing provident fund accounts to cover downpayments on presale homes. Eligibility requires purchase of presale housing within Tianjin using a housing provident fund (combined) loan or a commercial mortgage; the presale project must have the downpayment‑withdrawal service enabled by the Tianjin Housing Provident Fund Management Center. If the buyer and spouse have no property and no mortgage record, they may also simultaneously withdraw from both parents' provident fund accounts.