AGP Executive Report
Last update: 8 hours agoWest Asia Shock to Markets: India’s Sensex fell about 561 points and Nifty slipped below 24,100 as US-Iran tensions pushed crude to a one-month high, dragging sentiment across PSU banks, realty and autos. Energy & Inflation Watch: India’s wholesale inflation rose to 9.87% in June, with food, minerals and fuel costs driving the jump as supply fears keep oil prices elevated. Rupee & Diaspora Finance: India is urging state banks to deepen outreach to the diaspora for foreign-currency deposits to ease rupee pressure and support shrinking FX reserves. Tech Under Export Rules: Nvidia tightened its “whitelist” for Asian AI chip buyers in China, removing more than half of eligible customers after stricter compliance checks. ASEAN Business Links: A US delegation visited Subic Bay Freeport to explore investment under the Luzon Economic Corridor. Malaysia Trade & Tech: Sin-Kung Logistics signed an MoU with Hong Kong airport to boost air cargo and digitalisation cooperation. Energy Storage Innovation: India’s Meine Electric says its fast-charging iron-air battery was independently validated by CES, targeting 6-hour charge and 18-hour discharge cycles. Climate Finance Push (Malaysia): AIGCC report says over half of Malaysia’s major institutional investors are increasing climate solutions or transition finance allocations. ADB Crisis Tools: The ADB approved updates to speed up crisis response for energy supply and food price shocks across Asia-Pacific.
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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