Markets & Energy: Oil prices rebounded as investors weighed hopes for new US-Iran talks to reopen the Strait of Hormuz, while US stocks surged toward fresh records on strong corporate profits and upbeat signals from Treasury Secretary Scott Bessent. Macroeconomy & Policy: A think tank says Venezuela’s “Non-Oil Export Engine” is pushing diversification, but warns the Marcos administration in the Philippines restored stability without enough reforms to lift long-term competitiveness, with weak productivity and falling FDI. Trade & Industry: Malaysia flagged potential EU Carbon Border Adjustment Mechanism costs for its steel sector, while also touting growth in free industrial zone exports; India reported SEZ exports up 11.8% in 2025-26. Food & Agriculture: The Philippines’ agriculture chief rejected a rice import ban, citing El Niño-driven buffer stock needs and expanded NFA buying. Business Moves: Brady completed its $1.4bn acquisition of Honeywell’s productivity solutions unit; HSBC posted £14.5bn half-year profits and urged the UK to keep strong, wealthy banks. Regional Development: The IMF agreed technical assistance for Syria’s uneven recovery, targeting jobs and public services. Local Economy: Kansas City’s Midtown Costco deal keeps pharmacy services during its transition, while Bemidji revoked a massage business license after repeated compliance failures.