China consumer slowdown: China’s retail sales fell in May for the first time since 2022, underlining weak household demand even as industrial output and exports held up. Energy & prices: China’s crude oil throughput also dropped to a near four-year low as refineries cut output amid high crude and the Iran conflict. Japan rates ripple: The Bank of Japan lifted rates to a 31-year high, pushing yen weakness and adding pressure to inflation expectations—an effect that also hit risk assets like Bitcoin. EV momentum in India: TVS says its iQube and Orbiter together crossed 10 lakh electric scooter deliveries in India, signaling continued two-wheeler electrification. Clean energy push: Suzlon launched its 5 MW S175 wind turbine in Karnataka, targeting low- and medium-wind regions to help India chase non-fossil capacity goals. Retail & trade signals: Macao plans to expand its China trade platform for Portuguese-speaking economies to Spanish-speaking markets, aiming to deepen cross-border consumer and business flows. Supply-chain compliance watch: The US forced-labour tariff probe could hit multiple Southeast Asian economies, with public comments due in early July. Beauty & wellness demand: New market reports point to growth in digestive health supplements and snail-based beauty products, reflecting ongoing consumer appetite for targeted personal care.