AGP Executive Report
Last update: 9 hours agoUS-China Macro Watch: US retail sales fell 0.6% in July and consumer confidence weakened, adding to pressure on the Fed as inflation expectations ticked up. Hong Kong Business & Trade: Hong Kong’s URA returned to profit with an HK$338m operating surplus in 2025-26 after three loss years, and is pushing ahead with a “Smart Tender” scheme for property owners. Customs Cooperation: Pakistan and Hong Kong Customs signed a co-operative arrangement to boost information sharing, intelligence and enforcement. Fraud & Consumer Protection: A Singapore directory crackdown highlights how scammers weaponise public officer contact lists to impersonate authorities and pressure victims into sharing details or transferring money. Logistics & Air Cargo: DHL Express tripled Shenzhen air cargo capacity after expanding its “super gateway,” aiming to lift direct cargo flights and cross-border express throughput. Retail Tech: AS Watson is expanding its partnership with NCR Voyix, rolling out Voyix POS, self-checkout and loyalty to brands including Watsons in Hong Kong. Fast-Fashion Legal: Shein lost a UK copyright case against Temu over clothing photo listings, a fresh signal of how IP disputes are shaping the sector ahead of Shein’s HK IPO. Markets & Settlement: Asia’s push toward faster settlement continues, with Hong Kong consulting on T+1 as regulators try to cut cross-border investing friction.
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.