Iranian parliament speaker Ghalibaf said he is first a warrior and only then a diplomat, and that Tehran must conduct negotiations while maintaining "combat readiness".

Citic Securities says two recent narrative shifts could catalyze a recovery in some non‑AI sectors with earnings support. First, markets are re‑examining Fed policy assumptions and are no longer uniformly pricing a pre‑set hawkish tightening path; a reversal of the tightening/strong‑dollar narrative has eased negative sentiment in non‑AI names. Second, controversy around Meta underscores low market tolerance for negative AI news and suggests downstream players need richer monetization models to justify aggressive upstream investment. Citic also expects outflows from broad A‑share ETFs to ease materially — a key liquidity margin change. The combination of a softer rate‑hike narrative and improved liquidity could spur selective recovery in fundamentally supported non‑AI sectors.

The South Korean won (KRW) edged higher against the dollar on the first day of 24-hour trading. The around-the-clock mechanism was introduced to improve foreign investor access to South Korea’s markets and support a push for MSCI developed-market inclusion, reflecting a shift toward greater offshore investment. Deputy Finance Minister Moon Ji-chung said on Friday regulators will step up monitoring of night-session trading ahead of formal implementation on Monday. The won has been one of Asia’s weakest currencies this year, briefly hitting its weakest level since 2009 last week, pressured by higher energy prices from the Iran war and foreign investors selling Korean equities to rebalance after a sharp rally.