Toshifumi Suzuki, who played a pivotal role in establishing 7-Eleven as a global convenience-store leader, passed away at the age of 93 due to heart failure at his Tokyo residence on May 18. Suzuki founded the Japanese division of 7-Eleven in 1973, leading to the chain's expansion to over 80,000 locations worldwide. In economic news, Singapore reported a lower-than-expected inflation rate of 1.8% for April, down from the anticipated 2%, with core inflation at 1.4%. The Ministry of Trade and Industry also revised the country's first-quarter GDP growth significantly upward to 6%, projecting full-year growth for 2026 between 2% and 4%. Additionally, Hindalco Industries noted that the depreciation of the Indian rupee is positively impacting its operations, as most costs are rupee-linked while aluminium sales are dollar-denominated. The company forecasts stronger aluminium EBITDA per tonne in the upcoming quarter, driven by rising prices, and is focused on restarting its Oswego unit before progressing with the Bay Minette expansion.