Pakistan Airports Authority said a K2 Aviation Boeing 737 cargo flight from Sharjah to Karachi reported a navigation-system failure at 21:18 local time; five crew were on board.

The UK Maritime Trade Operations (UKMTO) said three attacks on tankers near the Strait of Hormuz on Tuesday prompted it to raise the maritime threat level to 'severe', the second-highest. An unnamed LNG carrier suffered a fire after an unidentified object struck the port side of its engine room while transiting the strait. A very large crude carrier (VLCC) was hit by an unidentified object as it departed the strait; the vessel continued to its destination and no casualties were reported. A third tanker was attacked near Oman's Musandam peninsula, sustaining minor structural damage. UKMTO said the likelihood of deliberate hostile action has increased, navigational disruption persists and vessels should remain highly vigilant. It added that Iran's Islamic Revolutionary Guard Corps' hailing and route-interference activity continues, notably targeting ships with their automatic identification system (AIS) active.

JP Morgan Asset Management global markets strategist Raisah Rasid says Indian firms lack exposure to AI hardware and are missing the AI boom, leaving India equities to lag regional peers and contributing to some foreign capital outflows. She warns this has driven earnings downgrades and investor concern over stretched valuations, while noting that broader AI adoption in India could improve productivity and the outlook if it materializes.