The U.S. Embassy in the Philippines said the U.S. government has transferred four Ocean Aero "Haishen" autonomous surface vessels to the Philippine military in a transaction valued at $13m.

SpaceX (SPCX.O) shares fell for a third straight session, intraday losses widening to 10%.

MOFCOM and eight other ministries issued measures to boost auto aftermarket consumption, calling for stronger insurance support. The notice directs implementation of prior guidance to deepen reform, strengthen supervision and promote high-quality development of new-energy vehicle (NEV) insurance. It requires improving auto insurance protection and service levels, establishing a comprehensive insurance vehicle-model grading system, expanding product supply with ‘basic + variable’ bundled policies, and piloting a vehicle-battery separation insurance model.