Today’s AGN Afternoon Update covers Malaysia’s currency rebound, deadly attacks in Ukraine, and China’s digital economic strategy.

H2: Malaysia

• The ringgit opened stronger at 4.2100 against the USD
  
• Driven by weak U.S. outlook post-fiscal legislation
  
• Moody’s downgrade and high treasury yields spurred foreign exchange shift
  
• Ringgit also rose against major and ASEAN currencies
  

H2: International

• Russia launched its largest air attack of the war on Ukraine: 367 weapons
  
• 12 dead, including 3 children, dozens injured
  
• President Zelenskyy calls for U.S. and global pressure on Moscow
  
• Major urban centres across Ukraine targeted
  

H2: Asia

• China’s commerce ministry announced a smart supply chain plan
  
• Focus areas: agriculture, logistics, manufacturing
  
• Aim: cut costs, boost productivity, integrate digital tools
  

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