AGP Executive Report
Last update: 5 hours agoGlobal Markets: AI fears drove a sharp worldwide sell-off after US midterm results raised the prospect of tighter data-centre rules. The Nasdaq entered correction territory, while Tokyo’s Nikkei and South Korea’s Kospi fell 6%; investors now await US jobs and inflation data. India Flows: Overseas investors bought $1.6 billion of Indian stocks Thursday, their biggest daily net purchase in nearly six years, as lower oil prices and a retreat from AI-linked shares revived interest. Indian benchmarks rebounded Friday. Bonds: India’s 2036 government-bond yield fell about 24 basis points over four sessions to 7.171%, though a crude-price rebound curbed further gains. Asset Management: Carlyle beat third-quarter profit expectations as asset sales lifted income from investment exits, but its shares fell 7% amid the broader market rout. Digital Finance: Arab Bank Switzerland opened an Abu Dhabi office to advise clients on digital assets under the emirate’s regulatory framework.
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.
Perspectify News
