AGP Executive Report
Last update: a few seconds agoPhilippines Impeachment Finance Probe: A private prosecutor said bank and tax records due before the Senate impeachment court next week could test former Sen. Antonio Trillanes IV’s claims that Vice President Sara Duterte had undeclared peso and US-dollar time deposits in 2007-2008, while a senator-judge said Trillanes’ press-conference materials have no probative value without proper witnesses. Global Markets Watch: Australia’s ASX is set to rise as investors stay on “red alert” for contagion from a volatile bond market. Banking Oversight & Governance: Fiji’s Bose Levu Vakaturaga Act 2026 tightens financial oversight with independent audits, public reporting, and clearer accounting responsibility. Iran FX Crisis: Iran’s rial hit fresh lows as state banks sell up to $2 billion to support the currency amid sanctions and near-zero oil exports. Stablecoins Policy Debate (Korea): Industry executives questioned a bank-led won-backed stablecoin plan, warning it may reduce incentives for banks to build new payment infrastructure. India Bank Updates: Multiple lenders reported strong Q2 FY27 growth, including Bank of India’s global business crossing ₹18.9 lakh crore and J&K Bank’s total business up 19.38% YoY to ₹3.10 lakh crore. Corporate Finance: Richfield Financial Services allotted ₹1.41 crore in secured NCDs via private placement. Africa Health Investment Push: Ghana’s Mahama urged Africa to treat healthcare as strategic investment, including local pharma manufacturing and regional value chains.
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