AGP Executive Report
Last update: an hour agoUS–China Summit Focus: Trump landed in Beijing for talks with Xi as he downplayed China’s role in ending the Iran war and opening the Strait of Hormuz, while markets stayed jittery across Asia and the Gulf ahead of any signal on trade and energy. Energy & Inflation Pressure: RBI Governor Sanjay Malhotra warned India may have to raise petrol and diesel prices if the West Asia conflict drags on; in Malaysia, fuel prices for May 14–20 eased under the Automatic Pricing Mechanism, but crude remains far above pre-conflict levels. India Policy Moves: India hiked gold and silver import duties to 15% (from 6%) to cool demand and support the rupee; RBI bond outlook stayed bearish as oil risk fed into borrowing-cost concerns. China Corporate Pulse: Alibaba reported a 38% jump in AI/cloud revenue but profit fell as it pours heavy money into AI infrastructure. Tech & Capital Flows: Nvidia’s Jensen Huang joined Trump’s trip at the last minute, while TSMC’s US onshoring push and fresh data-center investment deals kept AI supply-chain themes front and center. Regional Business: ASEAN said geopolitical uncertainty is pushing aviation reforms, and Malaysia’s Cabinet denied any plan to cut BUDI95 subsidy quotas.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.
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