AGP Executive Report
Last update: 4 hours agoCritical Minerals: U.S.-owned startup DTEC plans to invest US$600 million in a Malaysian rare-earth refinery, aiming to build a regional processing hub and diversify supply chains. AI Investment: Canada announced a C$1.6 billion investment in Cohere, while Nvidia plans to invest US$1 billion in South Korea’s Naver. U.S. growth also accelerated to 3.4% in the third quarter, helped by AI-related investment. Corporate Expansion: Hyundai will invest US$450 million in its Alabama plant; MTN Ghana says its US$202 million 5G spectrum purchase is already reflected in its financial outlook. Small-Business Outlook: Only 26% of New Zealand small businesses say technology investment has improved profitability. A business group is urging a 10-year strategy to lift productivity and track progress.
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