AGP Executive Report
Last update: 3 hours agoMarkets: Asian shares slid as investors questioned the cost and returns of the AI boom; Nasdaq futures fell nearly 2% and Brent crude topped $112 a barrel. Strong SpaceX results briefly lifted Wall Street, but mixed Tesla and Meta reports renewed doubts about AI spending. Small Business: A Canadian survey found 26% of owners had to personally guarantee business loans, while 21% used or sought personal credit to support their firms. Finding customers and rising costs were their biggest challenges. Inflation and Rates: New Zealand’s inflation rate eased to 3.7% but remained above the central bank’s target, strengthening expectations of an interest-rate hike next week. Trade and Industry: Malaysia expects palm oil prices to stay above RM4,600 a tonne in November as seasonal production declines and biodiesel demand support prices; lower Indian import duties could also lift shipments. Cybersecurity: Newly exposed flaws in widely used PHP software prompted businesses and government agencies to patch systems or take websites offline, highlighting the operational risks of vulnerable digital infrastructure.
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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