AGP Executive Report
Last update: 3 hours agoMarket Turmoil: Asian technology shares plunged as fears of tighter AI oversight and slower data-centre investment spread from Wall Street. South Korea’s Kospi fell nearly 9%, while Japan’s Nikkei and Taiwan’s TAIEX also slid sharply; Indian stocks rose, buoyed by foreign inflows and lower exposure to AI stocks. Regional Cooperation: Ahead of this month’s APEC summit in Shenzhen, Qianhai is expanding trade and regulatory links with Hong Kong and regional economies, including mutual recognition of appliance standards. Energy Security: ERIA says cooperation on ASEAN oil reserves could cut annual holding costs by about 22%, to US$2.19 billion, while supporting cleaner production and green growth. Industry: Vietnam is drawing investment as manufacturers shift from volume to higher-value production, with local supplier networks seen as key to spreading the gains. Cultural Heritage: UNESCO added the Mahabharata, Arthashastra and Rajatarangini to its Asia-Pacific Memory of the World Register.
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