AGP Executive Report
Last update: 7 hours agoMonetary Policy: The Bank of Canada raised its key rate by a quarter-point to 2.5%, its first hike since 2023, warning that high energy costs could spread inflation; Thailand held its rate at 1% as growth remains uneven. UK Budget: Chancellor John Healey raised the bank surcharge from 3% to 6% for 15 months to help fund household support. The move was milder than feared, lifting shares in Lloyds, NatWest and Barclays; 20 million households will also receive £100 toward energy bills. Financing: Canadian investment platform Wealthsimple raised $425 million from GIC and other investors. Global Investment: Oman signed 28 agreements worth more than $790 million for projects spanning manufacturing, logistics and food processing. Business Climate: Russian investment fell 4.6% in the first half of 2026, as business leaders warn proposed tax increases could deepen the slump.
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