AGP Executive Report
Last update: 10 hours agoAI Market Rout: Asian stocks plunged after a tech sell-off on Wall Street, as investors worried Democratic control of Congress could slow US data-center expansion. South Korea’s Kospi fell more than 8%, triggering a trading halt, while Japan’s Nikkei dropped about 6%. UK Inflation: The Bank of England raised its key rate to 4%—its first increase in more than three years—and warned inflation could reach 5% by mid-2027 as energy costs rise. Canada Investment: Budget 2026 aims to mobilize C$400 billion over six years, with tax breaks allowing businesses to immediately deduct the cost of many new investments and cutting the effective tax rate on new investment from 13% to 6.4%. Malaysia Outlook: Economists expect a possible rate increase to 3% early next year, while the central bank holds at 2.75%; the government is also setting aside RM30 million to help small businesses adopt AI.
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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