AGP Executive Report
Last update: 5 hours agoKorea’s Growth: South Korea’s industrial output rose 3% in September, its strongest monthly gain since 2011, led by semiconductors; retail sales and facility investment also increased. AI Investment: Nvidia is set to invest $1 billion in Naver, becoming its third-largest shareholder and backing a planned AI infrastructure partnership. Inflation Pressure: Rising U.S. costs are squeezing households ahead of midterm elections, while Pakistan projects October inflation of 9.5–10.5%, citing energy and food pressures. Trade Outlook: Germany’s Friedrich Merz says the EU should shape a stronger offer as free trade faces pressure. China, meanwhile, is widening foreign-business access in Hainan with new measures covering energy, healthcare and work permits. Business Sentiment: North East UK business confidence rose to 56% in October, and 70% of surveyed firms expect to increase staffing over the next year.
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