U.S.-Philippines Ties: Washington wants a stronger economic partnership to complement its defense alliance with Manila, but gave no details of new trade commitments. Australia Outlook: Commonwealth Bank cut its mid-2027 growth forecast to 1%, citing inflation, higher rates and energy costs; it sees a return to 2% growth only in late 2028. Markets: India’s Sensex jumped 1.66% as Reliance surged on record quarterly profit and falling oil prices lifted sentiment. China Policy: The central bank made the overnight reverse-repo rate its main policy benchmark, aiming to strengthen interest-rate-based monetary control. Industry Costs: Eurozone manufacturing continued to expand in October, but rising energy and supply costs are squeezing firms and keeping inflation risks alive. Egypt Financing: A $1 billion World Bank deal will support reforms as regional conflict raises oil, shipping and insurance costs. Trade Integration: Ghana’s ECOWAS outreach highlighted duty-free trade opportunities for eligible regional goods, while stressing rules-of-origin requirements. Qatar Events: Web Summit Qatar generated an estimated QR1.02 billion in economic returns, including QR661 million in GDP contribution.