AGP Executive Report
Last update: 36 minutes agoMarkets: US stocks rebounded to end the week higher after an AI-driven selloff, while oil remained elevated amid Middle East tensions. Weak Canadian jobs data also lifted stocks by easing rate-hike concerns. Malaysia’s Budget: Budget 2027 will back semiconductor and advanced manufacturing firms, offer expanded incentives for regional headquarters and provide support to help local companies grow and access capital markets. Growth Diverges: UAE GDP rose 0.4% year on year in the first half of 2026 but contracted 2.1% in the second quarter; non-oil activity grew 1.8% over the half. Guyana, by contrast, posted growth above 19% in 2025, with the IMF citing oil output and expansion across other sectors. Economic Pressure: US consumer sentiment sank near historic lows as frustration over living costs mounted, while the UN trade body expects global growth to slow to 2.6% this year. Regional Power Trade: India and Singapore are exploring a proposed 2-gigawatt electricity link, even as none of Singapore’s approved import projects has reached construction or financial close.
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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