European Council President Costa said he hopes the successor to UK Prime Minister Starmer will maintain continuity.

Iran's foreign minister Araghchi said on the 22nd on social media that, with mediation by Pakistan and Qatar, "significant progress" has been made toward ending the conflict in Lebanon. He said Iranian oil and petrochemical exports have been granted exemptions, a blockade has been lifted, some assets have been unfrozen and a major Iranian reconstruction and development program has been launched.

India's asset-backed securities market reached a record as global banks increased purchases to gain exposure to one of the world's fastest-growing major economies. Crisil Ratings chief rating officer Krishnan Sitaraman said foreign banks' share of total bond issuance rose to about 35% in the fiscal year to March, up from roughly 28% and 30% in the prior two years. With annual ABS issuance of 1.53 trillion rupees (about $16bn), that implies overseas lenders purchased roughly $5.6bn of bonds. People familiar with the matter said Barclays, Citigroup, JP Morgan and Standard Chartered were among the foreign banks boosting allocations to the sector.