AGP Executive Report
Last update: 7 hours agoMarkets & Corporate Risk: Nvidia fell 3.2% after shareholders sued CEO Jensen Huang and the chipmaker, alleging they failed to disclose risks tied to his reported relationship with a business executive suspected of links to China. Malaysia’s Economy: Industrial production rose 6.3% year over year in September, led by a 9.4% manufacturing gain, while mining fell 9.4%. Palm oil exports jumped 55.8% in October, even as stocks climbed to 3.62 million tonnes. Investment: Manulife and UBS are teaming up to offer wealth clients access to Japanese private-equity co-investments, as business succession deals and corporate carve-outs widen the pool of potential buyouts. MakeMyTrip’s India arm also won regulatory clearance for a proposed IPO. Digital Spending: MENA enterprises plan to invest an average 9.3% of revenue in digital transformation through 2032, though cost and integration hurdles are delaying some projects. Business Confidence: South Australian business confidence fell for a sixth straight month to its lowest level since 2017, with higher interest rates and living costs weighing on outlooks.
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