Malaysia's Finance Ministry said about 700,000 private diesel car owners can apply with their national ID to receive a subsidy for diesel purchases.

UK preliminary June services PMI fell to 48.7 from 49.3, the weakest reading since January 2023 and below all economists in the REUTERS SURVEY, which had forecast a rise to 50.1. The survey showed sharp declines in employment and new business, with the new business index at its lowest since January 2021. The release came a day after Prime Minister Starmer announced his resignation, underscoring the difficult economic backdrop for incoming PM Andy Burnham, assuming no other Labour MPs challenge his bid for the premiership.

Japan's finance minister Katayama met US Treasury Secretary Bessent after the G7 summit.