AGP Executive Report
Last update: 8 hours agoMarkets & Tech Sell-off: Asian stocks slid sharply as a global rout hit chip and AI names, with investors questioning whether hyperscalers can justify massive AI spending; Energy & Geopolitics: the IEA warned global energy security is at risk if the Strait of Hormuz stays disrupted, while Bab el-Mandeb closure fears raise fuel-supply worries for oil-importing Asia; Malaysia Economy: Malaysia’s GDP grew 5.8% in Q2 2026, beating Q1’s 5.4%, with growth broad-based except agriculture; Trade & Ports: CIMB kept an “overweight” on Westports, expecting 4.5% container volume growth in 2026 as gateway cargo normalises; AI Governance: Xi Jinping used WAIC to push China as a leader of a new global AI order, backing open-source and standards; Aviation Modernisation: Thailand plans biometric upgrades at six airports with Amadeus and Edgewater; Infrastructure Investing: Blackstone launched an Asia-Pacific infrastructure platform and named a new India infrastructure head; Corporate Moves: TCL Electronics jumped on plans to buy its parent’s air-con business, while SABIC agreed to take up to 50% in Rongsheng’s USD10bn advanced materials project.
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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