AGP Executive Report
Last update: 2 hours agoMarkets & Capital Flows: Overseas investors’ net equity buying in India slid to a near-decade low, with foreign portfolio investors pulling out as the stock market slips to seventh by value, while AI-led rallies lift Taiwan and South Korea. Commodities: Gold’s rebound cooled as India reportedly sold to defend the rupee amid US-Iran war jitters, even as central-bank gold buying headlines supported prices. Trade & Policy: China’s new zero-tariff access for 53 African countries took effect May 1, aiming to boost Zimbabwe’s women-led manufacturers; separately, ASEAN+3 inflation forecasts were revised higher due to prolonged West Asia disruption. Business & Deals: FIFA struck a last-minute broadcast rights deal with Zee for 2026-2034 events in India; in shipping decarbonisation, COSCO Heavy Industry delivered the first methanol dual-fuel retrofit vessel under Seaspan’s program. Regional Business Climate: Pakistan’s SECP registered 3,161 new companies in May, with 99.9% online and IT leading sectors. Energy & Industry: Japan urged safe passage through the Strait of Hormuz in calls with Iran, while India’s DRDO and IAF completed successful RudraM-II missile flight tests from an airborne platform.
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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