UK Prime Minister Rishi Sunak arrived in Israel as part of a two-day regional trip, the latest diplomatic effort to contain the impact of the Israel-Hamas war and speed the entry of vital aid to Gaza. United Nations Secretary-General Antonio Guterres is due in Egypt on Thursday.

A new class of weight-loss drugs has rattled global equity markets, sending shares of everything from food and beverage companies to medical-device makers tumbling. As earnings season kicks into high gear, firms are expected to reveal if consumer behaviors are being altered by the likes of Ozempic.

Taiwan Semiconductor Manufacturing Co. projected quarterly revenue ahead of analysts estimates, reflecting expectations for an improved chip market outlook despite China’s uneven economic recovery.

The Bank of Korea is poised to hold its benchmark interest rate steady as it seeks to quell a resurgence in household debt while also preserving economic momentum.

South Korean authorities arrested a senior Kakao Corp. executive for alleged stock price manipulation connected to a high-profile bidding war over K-pop agency SM Entertainment Co. earlier this year.

Europe’s leveraged loan sales are headed for the worst year since 2010, when markets were still reeling from the global financial crisis.

The Bank of Japan upgraded its economic assessments for the most regions in more than a year, in a sign of growing confidence in the recovery as market speculation over potential policy adjustments continues to percolate.