AGP Executive Report
Last update: 4 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.
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