AGP Executive Report
Last update: 10 hours agoCapital Markets: Malaysia has introduced 13 measures to boost market liquidity and aims to grow its capital market to RM5.8–6.3 trillion by 2030. Retail Pulse: Malaysia’s wholesale and retail sales rose 10.5% year on year to RM173 billion in August. U.S. retail sales also grew in September, marking a 12th straight monthly increase, though shoppers remain focused on essentials as fuel costs squeeze budgets. China Consumption: Holiday travel surged, but spending remains uneven: traditional retail is losing ground as consumers shift toward experiences. Market Recovery: India’s Sensex gained 1.23% on Friday, led by IT shares after TCS results, rebounding from a sharp sell-off; persistent foreign investor selling and global uncertainty remain risks. Business Costs: 7-Eleven’s North American arm is considering bringing more of its supply chain in-house to cut costs as inflation weighs on consumers. In China, battery-materials maker Longpan secured a potential five-year supply deal worth up to 25.6 billion yuan with a Geely unit.
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