US-ASEAN Ties: Secretary of State Marco Rubio told ASEAN partners in Manila the US “will never abandon” the bloc, citing $2.5bn in strategic US investments and $1.5bn approved via the US International Development Finance Corporation for aviation, energy security and supply chains. Nigeria Macro & FX: Nigeria’s central bank said external reserves rose to $52.5bn (about nine months of imports) while holding the policy rate at 26.5%, pointing to a deeper, more transparent FX market. Private Markets & PE Fundraising: TruArc Partners closed Fund V at $1.2bn, backed by institutional investors, with a continued focus on specialty manufacturing and business services. AI Capex Pressure: Reuters analysis warns hyperscalers may spend more on AI capex than they generate in free cash flow by 2027, putting pressure on Big Tech earnings expectations. RBI Foreign Investment Rules: India’s RBI released draft Foreign Exchange Management (Foreign Investment) Rules, 2026, aiming for a principle-based framework and simpler compliance for foreign investors. Corporate Actions: TAQA shareholders cleared the way for delisting from ADX via a squeeze-out structure. Energy & Renewables: Egypt secured $391m to strengthen its electricity grid and connect Gulf of Suez renewables; Yanara raised €150m from Mirova for 2GW+ utility-scale projects in Australia. Investor Rotation Talk: Jim Cramer urged tech-heavy investors to take profits and rotate into sectors like financials and healthcare as AI rallies run hot. Legal/Disputes: The Gambia won annulment of a $33.2m arbitration award tied to a shrimp farm takeover, wiping out damages and interest.