AGP Executive Report
Last update: 10 hours agoIndia-US Trade Talks: The US Trade Representative team is in India to speed up a long-running trade deal, with discussions now focused on customs rules and non-tariff barriers. RBI NRI Push: India’s central bank proposed doubling the NRI limit to 10% in listed companies and raising the overall cap to 24%, aiming to make it easier for overseas Indians to invest. South Korea AI Profit Sharing: Labor Minister Kim Young-hoon urged big tech firms to share “excess” AI windfall profits with suppliers and workers, after helping broker a Samsung chip-worker pay deal. US-Russia Economic Dialogue: Business leaders met in St. Petersburg, with the US stressing cooperation depends on ending the Ukraine war, while Russia pointed to sanctions as the main drag on trade. Global Steel Warning: The OECD says subsidized steel capacity is swelling worldwide, projecting 745m tonnes of excess capacity by 2028 and warning it distorts markets. Cuba Sanctions: The US imposed sanctions on Cuba’s President Miguel Díaz-Canel and others, escalating pressure amid threats of military action and an energy blockade. Brunei Cabinet Reshuffle: Brunei’s ruler announced a reshuffle, appointing two younger sons to key ministerial roles as succession planning signals.
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.
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