REUTERS SURVEY: OPEC's October oil production rose by 1.38 mln bpd from September. OPEC output has reached about 90% of the February level before the Iran war disrupted Middle East exports.

China A-share power-grid equipment sector surged; Xintong Electronics hit the daily limit. Jinlihua Electric, Songsheng Co., Hualing Cable, Zhongchao Holdings, Hangzhou Kelin and Siyuan Electric also climbed.

Alphabet's Google is launching two new tensor processing unit variants, TPU 8tx and TPU 8i Max, to accelerate its challenge to NVIDIA in a market worth hundreds of billions of dollars. TPU 8tx targets government and regulated-sector clients requiring secure, confidential computing and is designed to run alongside AMD chips as part of a collaboration. TPU 8i Max is aimed at AI applications needing extended context windows. The releases mark an acceleration in Google's chip cadence — the unit previously introduced a new AI processor roughly every two years — and additional variants will be unveiled on Monday. Google chip chief Amin Vahdat said the four TPU models will be optimized for different needs and that specialization remains a material competitive advantage.