Global Rates & Bonds: A fresh bond selloff pushed borrowing costs to multi-decade highs, with the US 10-year yield briefly topping 5.34% before easing, as markets weigh inflation, AI-driven capital demand, and geopolitical risk. Property Watch (Singapore): Canberra Drive EC drew 13 bids despite tighter ownership rules, with the top offer at $163.9m—setting a new benchmark land rate for the segment. India–Indonesia Trade: Indonesia’s envoy said more needs to be done to unlock trade and investment potential with India amid global uncertainty. Deal Talk (Paints): AkzoNobel is nearing a sale of its Southeast Asia decorative paints business to Nippon Paint for well over $1bn, covering Vietnam, Indonesia, Malaysia, Thailand, Singapore and more. Digital Payments (Indonesia): Bank Indonesia is advancing the Digital Rupiah alongside QRIS and BI-FAST, with QRIS users and transactions surging in 2026. Energy & Finance (South Asia): Nepal secured ADB support for power transmission and battery storage via PPP, while India explores equity partnerships with Middle Eastern sovereign funds to expand downstream refining. Regional Trade & Logistics: A proposed Central Asia–South Asia railway corridor could link Kazakhstan, Uzbekistan and Afghanistan to Pakistan’s seaports, pending feasibility work. ASEAN Business (Philippines): Manila will host ASEAN postal talks focused on cross-border e-commerce, logistics and revenue growth. Markets Mood: Softer US jobs data helped lift Wall Street and set a firmer tone for Australia’s open.