AGP Executive Report
Last update: 8 hours agoRegional Diplomacy: Japan and other G7 members reaffirmed opposition to changing the status quo by force in the Taiwan Strait and East and South China seas. Tokyo also deepened economic and security ties with Vietnam during a visit by the country’s top leader. Earthquake: A magnitude 5.9 quake off eastern Japan shook Tokyo; authorities issued no tsunami alert. Business: SoftBank reported a quarterly loss of about $7 billion as costs tied to U.S. data centers mounted, renewing questions about its AI bets. Household Economy: Japan’s household spending fell 6.8% in September, a steep decline that adds pressure on consumers. Automakers: Honda raised its annual profit forecast despite costly EV restructuring and plans a $3 billion Ohio plant focused on hybrid and gasoline vehicles.
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