Prime Minister Carney said if talks with Germany's TKMS fail, Canada will reserve the right to open submarine cooperation negotiations with South Korea's Hanwha Group.

WTI crude futures extended intraday gains to 1.0%, trading at $69.24 per barrel.

CMB International says Meituan (03690.HK) LongCat-2.0 open-source release demonstrates domestic compute can support full-chain training and inference for trillion-parameter models and marks a shift from investment to capability-validation. The broker maintains an Overweight rating and HK$111 target price. Open-sourcing infrastructure, engine and model weights should accelerate a domestic AI ecosystem closed loop and aid domestic model development; further model iteration and stronger-than-expected commercialization could drive Meituan valuation re-rating and lift core-business efficiency. Catalysts: model/product iteration and commercialization; rising domestic chip supply; improved industry competition supporting core-profit recovery; enhanced shareholder returns.