AGP Executive Report
Last update: 6 hours agoMarket Moves: Boeing shares fell 10.7% after the planemaker pushed its target of producing 52 737 MAX jets a month to the second half of 2027 and said it expects to reach $10 billion in annual free cash flow in 2029. Monetary Policy: New Zealand’s central bank unexpectedly held its cash rate at 2.75% in a split vote, despite forecasting inflation of 4.4%; the New Zealand dollar slid as officials left the door open to future hikes. Sanctions & Energy: The US is weighing sanctions relief for Russia’s state investment fund, reportedly sought as part of a proposed diesel deal. Cybersecurity: Three South Korean financial firms reported breaches; Daishin Securities said 38,490 customers’ details were exposed, while Bithumb and Mirae Asset Global Investments are also under scrutiny. Bank Financing: Bank of America, Citi, Morgan Stanley and Blackstone announced a $63 billion financing structure for AI computing, while Africa Finance Corporation and Munich Re launched a $1 billion programme to expand trade finance for African banks. Crypto Policy: South Korea’s government and ruling party again failed to agree on whether to delay a 22% tax on cryptocurrency gains due to start in January.
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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