AGP Executive Report
Last update: 12 hours agoDiplomacy & Sovereignty: Nauru ordered all public servants and state-linked bodies to follow the “One China” policy, tightening official language rules after switching recognition from Taiwan to Beijing in 2024. Markets & Finance: Citadel Securities hired 60+ across Asia, with nearly half in Hong Kong, as it expands “high-touch” block trading. Trade & Growth: Japan’s exports rose for an eighth straight month in April (+14.8% y/y) despite Middle East-linked supply shocks, while services growth in May stalled and costs surged. Pakistan Economy: A fresh critique says Pakistan’s external sector is again exposing structural weaknesses as FDI falls and the current account deficit returns. Tech & Money Flows: India’s AI boom is flagged as creating a new dollar outflow problem via inference spending paid to overseas providers. China-Russia Pivot: Putin’s Beijing visit is set to produce around 40 agreements, but the big gas pipeline deal still lacks key terms. Korea Peninsula: South Korea reports Xi Jinping could visit North Korea next week to mediate with the US. Regional Energy: Gulf states are leaning on Chinese solar firms for large-scale clean power projects. India-Italy Upgrade: Modi and Meloni elevated ties to a “Special Strategic Partnership,” targeting €20bn trade by 2029 and pushing IMEC cooperation.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.
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