AGP Executive Report
Last update: 7 hours agoWest Asia Shock Hits Markets: Fresh Gulf drone attacks and a near-closed Strait of Hormuz are pushing oil and bond yields higher, with investors bracing for inflation and growth stress as G7 finance ministers meet in Paris. India Watch: SEBI chief Tuhin Kanta Pandey says Indian markets can absorb “different types of shocks,” even as the rupee slides and energy costs feed volatility. Regulator Action: RBI slapped ₹8.90 lakh in penalties on Appnit Technologies and IIFL Finance over KYC and NBFC compliance lapses. Tech & Policy: China’s April data shows slower consumption and factory output growth, underscoring weak domestic demand. AI in Africa: Ghana launched a 10-year AI plan and a Publican AI custom platform to modernise tax administration. Health Tech: Taiwan approved HistoSonics’ Edison Histotripsy system, advancing non-invasive tumour treatment across Asia. Deals: Bain Capital closed Asia Fund VI at $10.5b, and AD Ports agreed to buy German freight forwarder MBS Logistics for AED300m.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.