AGP Executive Report
Last update: 10 hours agoPhilippines Policy Gridlock: FINEX warned the Senate’s stalled proceedings are delaying reforms and prompting local and foreign businesses to postpone capital investment. Singapore Fintech Funding: Handshake Finance raised S$500,000 pre-seed to build escrow-as-a-service for “high-trust” service industries, aiming to expand beyond renovations and interior work. Private Credit Stress: Cliffwater gated redemptions again, capping withdrawals at 5% after investors sought far more, underscoring ongoing liquidity strain in private credit. Banking Valuations: The ECB said euro-area bank valuations surged in 2025 into early 2026, helped by payouts, buybacks, and profitability convergence with the US. Markets & Geopolitics: Oil climbed as US-Iran talks stalled and missile activity flared, while AI-led rallies pushed Asian stocks to records; crypto slid. Insurance Audit Flags: Auditors found financial reporting irregularities and governance breaches across multiple non-life insurers, including trouble verifying cash and fixed deposits. IPO Watch: SpaceX’s S-1 sets up a major Nasdaq listing that could reshape public-market benchmarks for the space sector. AI/Tech Momentum: Software stocks rallied on results showing AI is boosting enterprise spending, while Oracle vs SAP comparisons highlighted AI infrastructure demand.
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.