Federal Reserve's Williams said he was looking forward to Argentina's World Cup performance because Argentine President Milei is a superstar.

Hong Kong telecom and network infrastructure stocks advanced: ZTE Corp (00763.HK) rose over 10%, Cambridge Technology (06166.HK) gained more than 8%, Yangtze Optical Fibre and Cable (06869.HK) added 3.5%.

The General Office of the CPC Central Committee and the General Office of the State Council issued a notice requiring a system-wide, cross-basin and cross-regional approach to flood and drought work. It instructs scientifically precise operational scheduling of major flood-control projects and full use of flood-control infrastructure to reduce basin flood risk; stepped-up inspections and improved defensive effectiveness at key points — structures penetrating levees, hazardous works and sections, historical risk sites, reservoir dams and spillways — with prompt remediation of identified hazards; strengthened control of river and lake flood-storage space and readiness to employ flood-detention zones; and coordinated advancement of flood-control and drainage construction to prepare for heavy-rain and flood hazards during the critical flood-control period.