Shangri-La Dialogue: Asia’s top security summit opens in Singapore with China’s military rise and doubts over US priorities front and center, as Vietnam’s To Lam delivers the keynote and leaders weigh how to hedge amid Middle East and Ukraine tensions. US-Korea Security Talks: South Korea and the US will kick off formal negotiations next week to implement summit security agreements, including nuclear-powered submarine ambitions and shipbuilding cooperation. India-China Border Thaw: India and China say peace along the Line of Actual Control is enabling gradual normalisation after fresh border-management talks in Beijing. West Asia Trade Risk: India’s Ajit Doval warns disruptions to the Strait of Hormuz and the Red Sea could hit global energy and shipping, as markets watch for stability. Japan Rice Crisis: Japan admits overestimating rice supplies and moving too slowly on emergency stockpiles, blaming the shortage and price spikes on delayed response. Asia Prosperity Snapshot: Singapore tops a 2026 prosperity index for Asia, but the ranking flags a sharp income-inequality gap. Vietnam Events Boom: Vietnam is emerging as a destination for billion-dollar exhibitions and experiential events as costs rise elsewhere. Tech & Data Centres: Hyderabad is pitching itself as an AI-data centre hub with $10–20 billion in investment pipeline. Philippines Talent: Alex Eala and Zack Tabudlo make Forbes’ 30 Under 30 Asia list. Pacific Business: ADB support for Pacific fuel relief and Quad critical-minerals diplomacy headline the week’s regional business brief.