Vietnam Gas Corporation signed an LNG supply contract with Shell subsidiary Shell Eastern Trading (Pte) Ltd covering 2027-2031.

HSBC chief economist Paul Bloxham said Australian house prices pulled back in June but that is just the start. He cited major recent changes to taxation of investment properties and three Reserve Bank of Australia rate hikes as having rapidly weakened investor demand. Bloxham forecasts national house prices could fall up to 8% from now through the end of next year and said June’s pace of decline implies downside risk. He added: "Buckle up."

The South Korean won (KRW) edged higher against the dollar on the first day of 24-hour trading. The around-the-clock mechanism was introduced to improve foreign investor access to South Korea’s markets and support a push for MSCI developed-market inclusion, reflecting a shift toward greater offshore investment. Deputy Finance Minister Moon Ji-chung said on Friday regulators will step up monitoring of night-session trading ahead of formal implementation on Monday. The won has been one of Asia’s weakest currencies this year, briefly hitting its weakest level since 2009 last week, pressured by higher energy prices from the Iran war and foreign investors selling Korean equities to rebalance after a sharp rally.