AGP Executive Report
Last update: 8 hours agoMiddle East Risk to Trade: An economist says Persian Gulf economies are taking a hit from limited Strait of Hormuz transit and damage tied to US-Iran tensions, with investor worries focused more on infrastructure risk than attacks alone. Central Banking & FX: Indonesia’s central bank governor signalled it will let bond yields rise to support the rupiah, even as it keeps the door open to further rate hikes. India Macro & Markets: A brokerage expects the rupee to average around 96 per US dollar in FY27, but warns of downside from oil, the dollar, and geopolitics. AI & Jobs: Tata’s chairman said AI agents could replace half of TCS jobs over time, as firms shift from hiring to automation. Semiconductors: TSMC reported May 2026 net revenue of about US$13.25 billion, up 30% year-on-year. Cyber & Data Security: Munich Re named new cyber heads for Asia-Pacific and Africa, while Colt and Ciena demonstrated record quantum-safe transatlantic data transmission. Logistics for Data Centres: DHL Supply Chain added 160,000 sqm of Asia-Pacific warehousing for data-centre logistics, including Malaysia and Thailand expansions.
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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