AGP Executive Report
Last update: 8 hours agoMarket Volatility: Global stocks slid as oil surged, while concerns over the cost and uncertain returns of AI investment pushed investors toward safer assets. Apollo economist Torsten Slok warned that heavy spending may be running ahead of measurable gains. US-China Tensions: Beijing opposed a proposed US expansion of restrictions on American investment in Chinese technology, warning the measures could disrupt business ties and prompt a response. Investment Plans: Malaysia’s prime minister said a global investor plans to put US$50 billion into AI, technology and data centres; Odisha reported ₹53,893 crore in investment proposals expected to support more than 20,000 jobs. Banking and Flows: AU Small Finance Bank reported a 53% rise in quarterly profit to ₹858 crore, while foreign investors withdrew ₹48,056 crore from Indian equities, extending their selling streak to 10 weeks. Global Investment Forum: Doha hosts the World Investment Forum from October 25 to 27, bringing government, business and finance leaders together to discuss investment and development.
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