AGP Executive Report
Last update: 9 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.
Perspectify News
