Swiss National Bank said preliminary calculations show UBS, including its reserves, has sufficient capital to meet the proposed requirements.

Four departments issued a joint notice to continue unemployment-insurance support for firms that maintain or only minimally reduce headcount, and to encourage youth hiring and skills training. Through end-2026, localities will keep implementing a job-stabilisation refund: SMEs and micro firms may receive refunds of up to 60% of the unemployment insurance contributions actually paid last year by the enterprise and its employees; large enterprises may receive refunds of up to 30%. Social organisations, law firms, accounting firms and sole proprietors insured as units are eligible under the same arrangements.

U.S. permanent representative to the U.N. said despite a memorandum of understanding, Iran continues to attack vessels and strike Bahrain and Kuwait.