AGP Executive Report
Last update: 8 hours agoPhilippines-Canada Deal: President Ferdinand Marcos Jr. says his Canada visit unlocked $2.5B in investment commitments across mining, critical minerals, energy, services and IT-BPM, with a strategic partnership and a Canada-Philippines free-trade push in the works. AI & Markets: Microsoft is creating Microsoft Frontier Co to help large enterprises deploy customised AI, while Jefferies warns the AI investment cycle may end as returns disappoint and capital risks “malinvestment.” Semiconductors & Industrial Scale-Up: India’s CG Power says it has started shipping chips from its Sanand facility and targets 16 million chips a day after a second plant ramps up. Banking: Axis Bank reported strong Q1 momentum with deposits up to ₹13.73 lakh crore. Trade Policy Watch: India-UK CETA rules were notified for July 15 entry, and New Zealand’s business lobby backs plans for new trade talks with seven markets. Pensions: Nigeria’s PenCom extended regulatory forbearance for PFAs to broaden eligible investments for 24 months. DOJ & Adani: US DOJ defended dropping bribery charges against Gautam Adani, arguing the case was improperly brought and faced major hurdles.
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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