Philippines Immigration-Labor Probe: In Misamis Oriental, Defense Secretary Gilberto Teodoro says 69 Chinese and 1 Filipino are in inquest after a raid on Phil. Sanjia Steel Corp., with checks into immigration, labor, environmental and workplace safety rules—reports about possible “harmful and noxious materials” are still preliminary. India Macro Watch: Crisil flags retail inflation edging up to 3.48% in April, while West Asia’s war (now 74 days) remains the dominant risk to India’s outlook; food pressures persist even as fuel inflation cools. Clean Power Push: MNRE has issued operating guidelines for an INR 2,584.60 crore small-hydro scheme (FY27–FY31) targeting ~1,500 MW. US–China Summit Fallout: Trump and Xi left Beijing with few concrete deals, but Taiwan and Iran stayed front and center, with Xi warning of “clashes and even conflicts” if mishandled. Nepal Rights Step: Nepal created a new ministry explicitly covering gender and sexual minorities, a first for LGBTIQ recognition. Regional Security: India’s Army chief warns Pakistan to choose “geography or history” if it continues harbouring terrorists.