Iraqi state oil marketing organization SOMO: Iraq set the official sales price of Basrah Intermediate crude oil sold to North America and South America in July at a discount of US$1/barrel to Argus sour crude oil.

Iraqi state oil marketing organization SOMO: Iraq set the official selling price of Basrah Intermediate crude oil sold to Europe in July at a discount of US$4.35 per barrel to Brent crude oil.

NIO (NIO.N): R&D expenses in the first quarter of 2023 will be RMB 3.0756 billion (US$447.8 million), an increase of 74.6% from the first quarter of 2022 and a decrease of 22.7% from the fourth quarter of 2022.

Weilai Automobile (NIO.N): The gross profit margin of automobiles in the first quarter of 2023 will be 5.1%, compared with 18.1% in the first quarter of 2022 and 6.8% in the fourth quarter of 2022. Automobile gross margin decreased from the first quarter of 2022, mainly due to changes in product mix and higher battery unit costs.

Weilai Automobile (NIO.N): The gross profit margin in the first quarter of 2023 will be 1.5%, compared with 14.6% in the first quarter of 2022 and 3.9% in the fourth quarter of 2022. Gross profit margin decreased compared to both the first quarter of 2022 and the fourth quarter of 2022, mainly due to the decline in automotive gross margin.

Italian Prime Minister Meroni: It would be "foolish" to ratify the eurozone bailout fund treaty without knowing how EU budget rules will change.

Swiss Federal Council: International measures will be developed for the analysis of Russian assets.

Italian Prime Minister Meloni: The European Stability Mechanism and its financial strength must be rethought.

Italian Prime Minister Meloni: EU must exclude investment spending from deficit calculations.

Italian Prime Minister Meloni: We will put the topic of artificial intelligence at the G7 meeting.

China Resources Land (01109.HK) accumulated contracted sales of RMB 143.33 billion from January to May.

China Resources Land (01109.HK) contracted sales of RMB 31.3 billion in May.

Ukrainian Deputy Defense Minister: The fighting in the Donetsk area is fierce, and the situation on the front line is tense.

Italian Prime Minister Meloni: I believe that the EU will soon release the third aid payment.

Indonesia approved a new capital budget for this year, with parliament approving an increase of 1.5 trillion rupiah in budget funds for the new capital.

Market news: Superstar Legend postponed its Hong Kong IPO.

Ministry of Economy of Ukraine: GDP in the first quarter of 2023 will fall by 10.5% year-on-year.

According to the Islamic Republic News Agency (IRNA): There is no interim agreement to replace the agenda of the Joint Comprehensive Plan of Action (JCPOA).