AGP Executive Report
Last update: 5 hours agoJapan Monetary Policy: The Bank of Japan lifted rates to 1.25% (31-year high) in a 7-2 vote, but the yen slid past 157 per dollar as markets read the split as less hawkish; Japanese stocks jumped on the weaker currency. India Macro & Markets: Moody’s raised India’s FY27 growth forecast to 7%, citing resilience while flagging energy and fiscal risks; separately, India’s Finance Ministry plans to monitor UPI MDR to protect customers as new merchant charges loom. India Payments: NPCI’s planned UPI merchant fee from Oct 15 (0.4% above ₹2,000) is set to reshape business costs, while regulators push back on claims about RuPay advantages. China-ASEAN Trade: The Pinglu Canal opens as a new inland-to-sea route, cutting distance for cargo and boosting connectivity between China’s southwest and ASEAN. China Exports: China’s “new three” green exports (EVs, batteries, solar) rose strongly in August, but tariff risks in the US and Europe threaten momentum. Banking & Deals: Nerin Engineering won a USD498m EPC contract for a Zambia copper tailings treatment plant; Basisbank received an ADB trade-finance award in Georgia. Geopolitics & Finance: Hong Kong unveiled a five-year blueprint putting finance at the centre, aiming to turn policy continuity into deeper markets and demand. Corporate/Consumer: Apple iPhone 18 Pro sales begin in India with quick-delivery options; Nestle India faces FSSAI action over infant product promotion claims.
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
