BESS Supply Chain: Wood Mackenzie says Chinese system integrators captured 76% of the global BESS integrator market in 2025, with competition shifting from scale to grid-forming tech, software optimization, and financing support. Energy Markets: Shell forecasts global LNG demand to rise about 65% by 2050 to nearly 700 million tonnes a year, while 2026 trade stays roughly flat as shipping disruptions ease. EU vs China Trade: Goldman warns Europe’s growth drag is driven more by China winning “third-market” share than by the bilateral trade gap, especially in transport equipment and industrial machinery. Malaysia Macro Outlook: IPP Financial Advisers keeps Malaysia’s 2026 GDP growth forecast at 4.6%, citing resilient domestic demand and AI/data-centre investment. US Market Calendar: Wall Street closes July 3 for Independence Day and reopens July 6. Retail Demand Signal (HK): Hong Kong retail sales rose 7.9% in May, extending a 13-month streak, helped by mainland visitor inflows. India Autos Shift: Bajaj’s petrol growth lagged while its EV push accelerated, highlighting a widening split between ICE and electrification strategies. Nigeria Equities: Nigeria’s NGX saw another heavy sell-off, with profit-taking wiping about N2.39tn off market value. Corporate Moves: Valmet completed its Severn Group acquisition to expand flow control and severe-service capabilities. Wealth Advisory (Singapore): Great Eastern won MAS approval to let accredited advisers advise on securities and structured products for HNW clients. Tech/AI Finance: Meta shares jumped on plans to sell AI compute, stirring cloud-market expectations.