AGP Executive Report
Last update: 36 minutes agoMarkets: Wall Street’s tech-led rebound lifted the Nasdaq 1.1% and S&P 500 0.4%, but most U.S. shares fell and European markets dropped amid French unrest and rising bond yields. China: The economy grew 4.5% in the July–September quarter on strong exports, while weak domestic demand remained a concern; Beijing will tighten controls on some drone components from Nov. 18. Australia: An opinion piece warns the RBA’s high interest rates risk pushing the economy toward recession as unemployment rises and consumer confidence weakens. Trade: New Zealand’s free-trade deal with India is now in force, removing tariffs on 57% of its exports initially, with cuts covering 95% over time. Infrastructure: Malaysia projects data centres will require 8.39 gigawatts of power and 389 million litres of water daily by 2030. Corporate finance: Malaysia’s government says it has made no commitment to provide AirAsia with public funds or guarantees, while Wintrust reported record nine-month net income, up 17% from a year earlier.
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.