AGP Executive Report
Last update: 5 hours agoMarkets: India’s Sensex fell 684 points as high oil prices and caution ahead of the Federal Reserve decision weighed on shares. Malaysia Finance: The country’s Islamic finance industry topped an estimated US$800 billion in the third quarter, led by sukuk and Islamic banking. AI & Digital Finance: Singapore launched AI support for businesses, starting with tailored roadmaps for 24 companies. A DBS survey found 88% of large businesses are using or testing tokenised money, as firms respond to shifting trade routes and currency risks. Trade: German Chancellor Friedrich Merz called for deeper EU market access partnerships with Southeast Asia and CPTPP members. Nepal also opened the door for private power companies to prepare for cross-border electricity trading, though they still need approval to make sales. UK Budget: Business leaders are urging investment incentives, skills support and lower hiring costs to boost productivity, as the government weighs its first Budget. Earnings: Nestlé Malaysia’s quarterly profit rose to RM197.5 million from RM114 million a year earlier, on stronger sales.
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
