Oil traded in a narrow range, with Israel yet to launch its expected ground offensive of the Gaza Strip and the US stepping up efforts to prevent the crisis from becoming a regional conflagration.

A 35-year-old business leader from a wealthy fruit-exporting dynasty, Daniel Noboa, will be Ecuador’s next president after winning Sunday’s election pledging to restore order to a nation torn by violence.

US President Joe Biden weighed a trip to Israel while he cautioned against long-term Israeli occupation of the Gaza Strip on Sunday, as the White House sought to balance support for the country with fears that the regional crisis could escalate.

Rainer Gut, who engineered the mergers and acquisitions that transformed Switzerland’s Credit Suisse Group AG into a goliath global investment bank, one that proved difficult for subsequent generations of executives to manage, has died. He was 91.

US President Joe Biden may visit Israel soon, adding to the US diplomatic push after Secretary of State Antony Blinken met Arab leaders about the Israel-Hamas conflict and efforts to provide humanitarian assistance to Gaza.

Courier services provider J&T Global Express Ltd. is seeking to raise about HK$3.92 billion ($501 million) through an initial public offering in Hong Kong, the city’s second-largest so far this year.

The Malaysian budget’s focus on fiscal discipline will boost the government’s credibility in carrying out fiscal reforms, though impact on equities will likely be limited.