Lufthansa lowered its full-year adjusted EBIT forecast to €1.7 billion–€2.2 billion after sharp kerosene price volatility linked to the U.S.-Iran war pushed fuel costs higher. The new range is well below the airline’s earlier guidance for adjusted EBIT to be significantly above last year’s €1.96 billion. Second-quarter EBIT fell 56% year on year to €383 million. The group said its full-year capacity plan remains largely flat, though Q2 capacity was down about 3% due in part to strike days in April.

Hartalega Holdings Bhd reported a net profit of RM70.03mil for its first financial quarter ended June 30, 2026, versus RM12.61mil a year earlier. Revenue rose 10% year-on-year to RM605.75mil. The group attributed the result mainly to higher average selling prices and ongoing cost-optimisation efforts, according to the company. It said it will continue to focus on production efficiency, disciplined cost management and expanding its global sales footprint.

Amazon’s market capitalization surpassed $3 trillion for the first time, with its shares rising 5.5% to a record $286.20 and extending year-to-date gains to more than 23%. The move follows the company posting its strongest AWS cloud growth in more than four years and raising its annual capital spending forecast. Amazon also disclosed a new investment in Anthropic in April, after saying earlier this year it would invest up to $50 billion in OpenAI, highlighting AI’s increasing impact on its profit engine.

Shares in Britain’s Games Workshop fell as much as 6.5% after the company warned that volatility in global energy markets linked to the Iran war could lift plastic raw-material costs by about £2 million. It also said U.S. tariffs are expected to add an annualised cost of around £13 million. While the Warhammer maker plans to offset part of the impact through price increases and operational changes, the cost pressures overshadowed its record annual profit.

A strong El Nino event, with a 97% chance of occurring between October 2024 and January 2027, is expected to cut Malaysia’s palm fruit output by 2% to 4% from the fourth quarter of 2026. At the same time, Indonesia’s B50 biodiesel policy is expected to consume 18 million tonnes of CPO a year, tightening global supply. RHB Research maintained its 2026 average CPO price forecast of RM4,400 per tonne and flagged significant upside risk for 2027, while keeping an “overweight” view on the plantation sector, according to its report.

South Korea’s Financial Services Commission said it will raise the minimum cash deposit requirement for retail investors trading single-stock leveraged ETFs to 30 million won ($20,437). The regulator also moved the start date forward from an earlier plan for August to July 31. The move is aimed at curbing speculative trading, targeting single-stock leveraged ETFs tied to Samsung Electronics and SK Hynix that were approved in late May, Reuters reported.

The Trump administration announced additional import tariffs of between 10 per cent and 12.5 per cent on 60 economies, including Malaysia, citing forced labour practices. After the US Supreme Court annulled the previous tariff measures in February, the new move left the ringgit opening weaker against the US dollar at 4.0925/0980 compared with the prior close. The ringgit, however, opened higher against most major currencies, reflecting a risk-off tone alongside persistent structural pressure on the local unit.

U.S. stocks closed higher on Tuesday, led by a 1.29% gain in the Nasdaq, while the S&P 500 rose 0.89% and the Dow added 0.74%. The Philadelphia SE Semiconductor Index jumped 5.2% for a second straight session, lifting chipmakers including SanDisk (+14.3%), Micron (+12.2%) and Western Digital (+12.5%). Attention is now turning to upcoming earnings from major tech names such as Alphabet, Intel and Texas Instruments.

U.S. forces struck Iran for a ninth straight day as confirmed American military deaths in the renewed fighting rose to three, heightening concerns over shipping through the Strait of Hormuz and sending oil prices up more than 3% in a day. Markets also lifted expectations for a Federal Reserve rate hike in December, with odds rising to 82% from 73%. Spot gold fell 0.3% to $4,004.63 an ounce, with the $4,000 technical support level under pressure. Analysts said a break below $3,886 could open the way for a move toward $3,500.