AGP Executive Report
Last update: 11 hours agoPhilippines–Japan Security & Energy: President Marcos met Japan’s former PM Fumio Kishida on Tokyo’s $10bn Powerr Asia push, while Manila and Tokyo agreed to start talks on sharing classified military info, maritime border delimitation, and transferring Abukuma-class destroyers—plus a double-tax deal to support cross-border investment. Japan Economy Watch: Japan’s industrial output rose 0.8% in April after three months of declines, and unemployment slipped to 2.5%, signaling a steadier labor market. India Data Centers: Mumbai leads India’s data center build-out with ~50% of capacity and is set to host 47% of new additions over five years, helped by cable landings and power/infra depth. India Markets & Policy: MSCI’s May rebalancing kicks in, with India facing $800m–$1bn passive outflows and heavy smallcap churn; RBI is also reportedly preparing polymer rupee notes to cut costs and boost durability. China Trade & Finance: China launched its first green bond sale in Hong Kong (US$886m) and issued a marine biopharma policy targeting $19.2bn value added by 2030. EU Clampdown on Temu: The EU fined Temu €200m over illegal and unsafe products, escalating scrutiny of cross-border e-commerce. Aviation Disruption: IndiGo and Air India are cutting more routes as Middle East-linked shocks keep travel costs and uncertainty elevated.
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.
Perspectify News
