Hong Kong-listed pharmaceutical shares were mostly higher: Shandong Xinhua Pharmaceutical (00719.HK) up more than 21%, Haipu Rui (09989.HK) up over 11%, Yingxi Intelligent (03696.HK) up more than 6%, Jiangsu Hengrui Medicine (01276.HK) up over 5%.

Ukraine's prime minister will lead the Ukrainian delegation to this week's reconstruction conference in Poland.

Dah Securities analyst Shazma Juliana Abu Bakar said Malaysia’s diesel subsidy reform is likely to have negligible direct inflationary impact because most eligible diesel users will continue to receive subsidised fuel and logistics operators are being protected. From July 1 diesel will be priced at market rates nationwide while eligible citizens can buy subsidised diesel at MYR2.10/l. Diesel accounts for just 0.2% of the CPI basket; transport costs and broader price pressure are expected to remain manageable. The reform should help preserve household purchasing power but, with a relatively small beneficiary group, is likely to have limited effect on overall consumption. Dah Securities maintains its 2026 forecasts: inflation 2.1–2.6% and GDP growth 4.3–4.7%.