AGP Executive Report
Last update: 7 hours agoGold Shock in India: India has lifted customs duty on imported gold and silver from 6% to 15% (10% basic duty plus 5% cess), aiming to curb the trade deficit and protect the rupee—though traders warn it could also fuel smuggling and hit jewellery demand. Japan Security Shift: Japan fired anti-ship missiles during major drills with the US and Philippines, a fresh signal of its move beyond postwar limits. US–China Dealmaking, Iran in the mix: Trump’s “very exciting” Beijing trip is underway with big-name CEOs, including Nvidia’s Jensen Huang added at the last minute, while Washington keeps Iran pressure central. Energy Pain Across Asia: Cooking gas costs are soaring, pushing households back toward firewood and coal and raising health risks. APEC Auto Push: China is urging APEC partners to deepen cooperation on electrification and smarter vehicles. Japan UAP Update: Tokyo says it’s reviewing declassified Pentagon UAP footage near Japanese airspace.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.