AGP Executive Report
Last update: 10 hours agoMarket Turbulence: Asian equities slid again as Apple’s price hikes stoked inflation worries and renewed Strait of Hormuz security concerns rattled oil and risk appetite, dragging chipmakers and AI-linked stocks lower. KOSPI Rebalancing Watch: South Korea’s National Pension Service may sell up to W74tr of domestic equities if the Kospi tops 9,000, with potential selling rising further toward 10,000 as foreign and retail investors turn net sellers. Crypto Risk-Off: Bitcoin and broader crypto markets sold off sharply, with investors watching key support levels as fear spread beyond crypto into tech-led weakness. AI/IPO Shockwaves: Kioxia shares fell 12% after reports that OpenAI may delay its IPO, adding to pressure on AI supply-chain names. Fintech Funding: Airwallex raised $320m at an $11bn valuation to push AI-powered “autonomous finance,” expanding its regulatory footprint. Banking Regulation: Pakistan’s President signed Finance Bill 2026-27, while RBI in India released draft AI rules for banks and financial firms, including model governance and bias checks. Sustainable Finance: UAE’s DIB launched its “Unlocking Sustainable Finance” series, starting with a real estate transition forum and green-building commitments. Local Finance & Investment: Bangladesh announced its first investment office in China, while Koshi Province in Nepal approved Rs 2.08bn in PPP projects. Corporate/Legal: Peabody Energy faces a proposed shareholder class action over mine production delays.
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.