SCO’s Expanding Reach: The Shanghai Cooperation Organisation is shifting from a security forum to a wider network, with 28 outcome documents now covering AI, ports, energy and climate—raising the stakes of “multipolar” diplomacy. Pakistan’s Market-Making Finance: Pakistan’s finance ministry is working on a rupee-denominated, dollar-settled bond and exploring tokenising parts of its Eurobond debt, as it seeks to cut reliance on domestic banks and deepen capital markets. Pakistan–ADB Infrastructure Push: PM Shehbaz Sharif and ADB VP Yingming Yang discussed early groundbreaking for the ML-1 rail upgrade, linking it to freight logistics and industrial connectivity. China–APEC Trade Boost: Guangdong says trade with APEC economies hit a record 4.27 trillion yuan in the first seven months, up 22.1% year-on-year, ahead of Shenzhen hosting APEC leaders in November. Aviation Outlook: ICRA warns India’s passenger growth will slow to 1–3% in FY27 amid West Asia disruption, fuel costs and supply bottlenecks. AI Capital for Southeast Asia: ByteDance secured a $29.6b unsecured loan to fund AI infrastructure, including data centres across Southeast Asia. Quad Security & Tech: Quad sherpas in Delhi pressed for more practical cooperation on security, critical technologies and economic resilience. Energy Stress in the Region: Persistent power cuts are still hurting businesses and residents, underscoring how grid reliability remains a major economic risk.