AGP Executive Report
Last update: 2 hours agoChina Financial Regulation: Beijing’s draft financial law is due for a second reading this week, with proposed tighter oversight of cross-border finance, online activity and asset-management products, alongside stronger investor protections. India Banking & Markets: Yes Bank disputes claims it defied a Supreme Court order to restore ₹8,415 crore in AT-1 bonds; the trustee has warned of contempt action. Foreign investors also withdrew ₹34,843 crore from Indian stocks in October, their second straight month of selling. AI-Driven Trade: South Korean exports surged 93.7% in October to $115.3 billion, led by semiconductors; shipments to China rose 133.6% as AI investment boosted demand. Japan Rates: The Bank of Japan held its policy rate at 1.25%, lifting the yen, even as inflation nears its 2% target and households face high living costs. Trade & Investment: An upgraded China-Peru free-trade agreement took effect, streamlining trade and expanding investment provisions.
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