German defense minister PISTORIUS said Ukraine no longer needs "Taurus" cruise missiles because Ukrainian drones have successfully struck Russian refineries and military logistics facilities.

Huatai Securities says near-term focus should be on Hong Kong names that are deeply oversold, carry heavy short interest and show marginal stabilization or improvement in earnings expectations—notably innovative drugmakers and electric utilities—and on high-dividend defensive banks. Innovative-drug fundamentals are still improving; global style rebalancing has triggered catch-up moves and short-covering may continue. Prioritise CXO names with positive guidance and leading drugmakers with strong BD potential. For the AI hardware chain, further near-term increases offer limited risk/reward; the next critical window is the US July earnings season, so adjust exposure according to unrealized gains. AI software is more a source of stock-specific alpha tied to model leadership. On a medium-term view, maintain a balanced allocation between sectors showing accelerating demand and undervalued reversal candidates.

ANTHROPIC plans to secure at least 1.4 million kW (1.4 GW) of data-centre compute capacity in Australia, with total investment possibly reaching about $15bn. A confidential tender cited by Australian media says ANTHROPIC aims to have at least 1.0 million kW (1.0 GW) operational by the end of next year. The baseline plan is to find long-term partners to co-develop a 1.4 GW data-centre campus. A final investment decision is expected in about six weeks; the programme may be split into four-to-five smaller partnership contracts.