AGP Executive Report
Last update: 6 hours agoRates & Markets: Hotter-than-expected US core inflation strengthened the case for a larger Fed move: Governor Christopher Waller said a 0.3% monthly rise would warrant considering a half-point December hike, while bond markets sold off. AI & Equities: AI investment worries weighed on tech stocks as SoftBank reported a $7.1 billion quarterly loss; Nvidia also faced a shareholder lawsuit over alleged disclosures tied to its CEO’s reported links to a suspected Chinese operative. Banking & Investing: Banks are adding investment products to digital platforms as Kenya’s collective investment schemes expand rapidly, with assets under management climbing to Sh948.7 billion by June. Bonds & Green Finance: Peru raised $4.5 billion in its biggest dollar bond sale, drawing more than $21 billion in orders. Separately, an EBRD-EU programme has supported 289 Serbian SME green projects, mobilising €45.5 million. Pension Funds: Malaysia’s KWAP won international recognition for its RM6 billion Dana Pemacu initiative, which aims to build domestic private-market investment capabilities.
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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