Business and finance news from the Asia-Pacific.

Oil declined and equities advanced as optimism strengthened around Washington's diplomatic push to resolve the near month-long Middle East conflict. We heard from Todd Jablonski, CIO and Global Head of Multi-Asset and Quant at Principal Asset Management. He spoke to Bloomberg's David Ingles and Yvonne Man.  

Plus - Philippine President Ferdinand Marcos Jr. is open to restarting talks with Beijing on a joint oil and gas project in a disputed area of the South China Sea, saying the war in Iran may provide the impetus for a breakthrough. He spoke exclusively to Bloomberg's Haslinda Amin.