AGP Executive Report
Last update: 8 hours agoMarkets & FX: Asian shares were mostly lower while US futures were steady after better-than-expected US inflation, easing bets on an imminent Fed hike; oil held near recent levels as traders watched Middle East shipping risks. Currency watch: The yen headed for its biggest weekly drop in about a month as intervention effects faded, putting fresh rate-hike or renewed buying back on traders’ radar. Geopolitics—Japan-Russia: Vladimir Putin visited Russia-controlled Iturup in the Kurils, prompting a furious Japanese protest and reigniting a long-running territorial dispute. Indonesia governance: President Prabowo said Indonesia will close more than 750 state-owned enterprises by year-end, targeting “unproductive” boards and “made up” profits. Asia-Pacific business & tech: Intuitive Surgical plans nearly US$500m in Penang over five years to build a major manufacturing base; Bosch says its next-gen multi-purpose camera has entered mass deployment with projects across China and beyond. Environment & policy: In the Philippines, groups challenged Metro Manila’s waste-to-energy push, warning it won’t fix flooding and garbage failures. Regional trade: The Philippines and Chile marked 80 years of ties and discussed finalizing a CEPA to deepen trade, investment, maritime cooperation and tourism. Sports—Asia Cup: Qatar’s U-18 team opens its FIBA Asia Championship campaign against Iran in Ahmedabad.
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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