AGP Executive Report
Last update: 9 hours agoChina-US trade talks: China and the US consultations wrapped with 10 major outcomes, including new institutional workstreams on trade, investment and AI. Macro policy: China’s State Council pushed counter-cyclical macro measures and faster bond issuance to support investment and consumption. Housing pressure in Europe: Spain agreed measures to tackle its housing crisis, including an eviction ban until 2030 and tighter short-term rental rules. Rates and inflation: Australia’s RBA lifted rates again to 4.60% as oil-supply disruptions feed inflation; UK mortgage approvals fell to the lowest since late 2023. Trade and investment deals: Jordan reported exports up 4.6% and a narrower trade deficit; Malaysia proposed shipping tax incentives for Budget 2027; Oman and Tanzania discussed expanding trade and investment ties. Business growth and finance: Simbisa hit a record 53.6m customers in Zimbabwe; Pine Labs extended its Woolworths gift-card tech partnership; Swift plans cross-border consumer payment identifiers. Regulation and risk: Cyprus told investment firms they can’t keep interest on client money; a New Mexico jury found Facebook liable over privacy deception.
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.