AGP Executive Report
Last update: 11 hours agoUK Jobs & Inflation: S&P Global’s PMI showed UK private-sector activity back in growth, but services firms kept cutting jobs for a 22nd straight month, underscoring a stubborn labor-market slump. Philippines Inflation & Markets: Manila’s July inflation eased to 6.2% from 6.4% as transport costs cooled, yet the PSEi slipped on profit-taking and overseas uncertainty. China Trade Security: China launched its first foreign-trade national security probe into imported office printers/copiers using foreign system software, while also tightening export controls on drones to the US and blacklisting firms. Energy & Oil Outlook: Goldman expects Brent to trade around $80–90 amid Middle East risk, with inventories and Red Sea capacity tightening. Investment & Regulation: SEBI fined/penalized Modulus Alternatives Investment Managers over FX drawdown timing in an AIF; NSE warned investors against illegal “dabba” trading schemes. M&A & Finance: Boerse Stuttgart Digital and Tradias completed a merger to build a ~300-employee institutional crypto platform. Regional Growth Plans: India’s Andhra Pradesh targets up to Rs 9 lakh crore for the Visakhapatnam economic region, including AI data centers and port-linked industries. FX & Corporate Moves: Maldives’ BML shifted FX investment payouts to US dollars; Shell approved Malikai Phase 3 offshore investment.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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