<p>Manufacturing performance far below expectations, Germany's second-quarter GDP unexpectedly revised down.
Sources: Putin proposed four conditions for a ceasefire in Ukraine to Trump, including opposing Western troops stationed in Ukraine.
The U.S. Department of Defense plans to invest up to $500 million to procure alloy-grade cobalt.
Reports: TSMC considers returning funds to the U.S. government to avoid &#34;subsidies for shares.&#34;
Tesla integrates Doubao and DeepSeek.
POP MART officially announces the mini version of LABUBU new product, with a single blind box priced at 79 yuan.
Nikkei 225 index closed up 0.1%, Shanghai Composite Index closed up 1.45%, Hang Seng Index closed up 0.93%</p>

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<p>On Friday before the U.S. stock market opened, global news included: Germany's Q2 GDP unexpectedly revised down, with poor manufacturing performance; Putin proposed four conditions for a ceasefire between Russia and Ukraine to Trump; the U.S. Department of Defense plans to purchase alloy-grade cobalt, with a maximum amount of up to $500 million; TSMC is considering returning funds to the U.S. government to avoid equity-for-subsidy arrangements; Tesla integrates Doubao and DeepSeek; POP MART launched a mini version of LABUBU, with a single blind box priced at 79 yuan; the Nikkei 225 index rose by 0.1%, the Shanghai Composite Index rose by 1.45%, and the Hang Seng Index rose by 0.93%</p>

Global news you need to know before the U.S. stock market opens on Friday