Indian Prime Minister Narendra Modi: India looks forward to deepening relations with Saudi Arabia in broader areas.

Ukraine has recaptured an offshore drilling platform near Crimea, its military intelligence service said.

The European Commission expects euro zone inflation to be 5.6% in 2023, down from the 5.8% forecast in May. Eurozone inflation is expected to be 2.9% in 2024, up from the 2.8% forecast in May.

The European Commission expects the German economy to contract by 0.4% in 2023, compared with its May forecast of 0.2% growth. Germany is expected to grow by 1.1% in 2024, compared with a forecast of 1.4% in May.

The European Commission expects euro area GDP growth to be 0.8% in 2023 and 1.3% in 2024, down 1.1% and 1.6% respectively from the May forecast.

Market news: UBS will cut hundreds of wealth management jobs in Asia as business activity slows in Asia.

British Finance Minister Hunt: India will explore (with the UK) the direct listing of Indian companies on the London Stock Exchange.

Market news: Vietnam increased the prices of diesel and aviation kerosene, while gasoline prices remained unchanged.

Market news: Saudi Arabia has provided its entire contracted crude oil supply to at least two Asian buyers.

Tesla (TSLA.O) U.S. stocks rose 3.6% before the market opened. Morgan Stanley upgraded its rating from "equal" to "overweight" and listed it as a "preferred stock."

London Metal Exchange (LME): Aluminum inventories decreased by 3,600 tons, copper inventories increased by 400 tons, nickel inventories increased by 300 tons, lead inventories decreased by 425 tons, tin inventories increased by 70 tons, and zinc inventories decreased by 1,650 tons.

Iranian diplomatic spokesman: Tehran is optimistic about a prisoner exchange with Washington and expects it to happen in the "near future."

Data show: Japan’s aluminum inventory increased by 2.9% month-on-month in August, reaching 360,700 tons.

Chief Cabinet Secretary Matsuno Hiroshi: The Bank of Japan is expected to communicate closely with the government and implement policies appropriately.

Chief Cabinet Secretary Matsuno Hiroshi: The specific details of monetary policy are determined by the Bank of Japan.

Malaysian Prime Minister Anwar: The rare earth industry is expected to contribute up to 9.5 billion ringgit to GDP in 2025.

Malaysian Prime Minister Anwar: A rare earth raw material export ban policy will be formulated to avoid resource exploitation and loss.

Market news: UAE plans to sell at least US$1 billion in US dollar bonds.

Gazprom: It will continue to deliver natural gas to Europe through Ukraine, with a delivery volume of 41.5 million cubic meters on Monday.