1. Elon Musk said Nigel Farage should quit as leader of Britain's right-wing Reform UK party in an abrupt withdrawal of support. Musk has previously sought to influence British politics and has criticized PM Keir Starmer repeatedly.

2. Blinken reaffirmed confidence in South Korea’s democratic process.

3. Biden administration plans to impose more sanctions on Russia over its war on Ukraine, taking aim at its oil revenues with action against tankers carrying Russian crude. He will also ban new offshore oil and gas development along most U.S. coastlines.

4. Toyota research unit will invest about USD 44.4 million in Japanese startup Interstellar Technologies (IST) to support mass production of its rockets.

5. U.S. added Chinese gaming and social media leader Tencent Holdings and battery maker CATL to a list of firms it says work with China's military. The list also included chip maker Changxin Memory Technologies, Quectel Wireless and drone maker Autel Robotics.