AGP Executive Report
Last update: 11 hours agoData Centres & Water Planning: Selangor says data-centre demand so far isn’t straining domestic water, pointing to early coordination with utilities and environmental agencies before approvals. China Luxury Auto Launch: Huawei-backed Maextro enters China’s ultra-luxury MPV market with the V800, betting on Huawei battery tech and L3 driving as deliveries rise. Singapore Business Momentum: Singapore’s private-sector PMI hit a five-month high on stronger demand and output, though energy costs and supply delays still bite. Middle East Ceramics Earnings: RAK Ceramics lifted Q2 profit on UAE and Saudi demand, while logistics costs and disruptions weighed on first-half results. Global Consumer Tech Demand: Omdia flags a 10% year-on-year drop in tablet shipments in Q2, with weaker-than-usual seasonal patterns. Energy & Trade Shift: Dangote’s refinery reportedly sold more jet fuel into Europe than the US in June, signaling a changing supply balance. UK Retail & Food Halls: Time Out secured a Piccadilly Circus site for a flagship food market opening in 2028. Nigeria FX Update: The naira inched down at the official market, with CBN pointing to narrower FX spreads and higher reserves. Brazil Battery Auction Dispute: Investors face uncertainty as Brazil debates how battery auction costs are allocated, raising policy risk. UK Van Market: Electric commercial vehicles hit record highs as overall van registrations rose in July, though pickups fell. Farmers Markets Push: National Farmers Market Week and a Napa Valley collaboration aim to boost local farm sales and market share.
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.