Markets & Policy: ASX set for a muted open as the S&P 500 rally cools after a Fed official flagged incremental rate rises to keep inflation in check, with investors watching upcoming local company results and the June trade balance. Mining & Capital Markets: Glencore’s profits surge on commodity strength and volatile energy markets, with renewed talk of an Australian listing. Property & Work: Office vacancy is edging up overall, but demand is shifting toward higher-grade towers, while remote-work momentum shows signs of slowing. Energy Costs: Philippines rooftop solar is booming as households and businesses chase lower bills and hedge against outages, driven by recent global shocks. AI & Productivity: EY says AI could lift Australia’s productivity by up to 2.4% and add jobs, but only if regulation keeps pace with public expectations. Cyber & Security: The FBI says it has built new law-enforcement partnerships with China and Russia to target transnational crime, including cyber fraud and child exploitation. Small Business & Compliance: Australia’s skilled visa processing order changes under Ministerial Direction 119, prioritising roles in law enforcement, defence, healthcare, teaching and construction. Health & Investing: TA Associates and Bain Capital have agreed to acquire Gong cha, backing its global expansion and “Digital Kitchen” rollout. Fraud Alert: A phony financial website using a real family name and licence has been flagged as fraudulent by the Lee family office.