AGP Executive Report
Last update: 5 hours agoAI Funding: Oracle plans to raise $20 billion through bond and share sales to finance its AI and cloud expansion, adding to $125.3 billion in existing borrowings. Market Access: India’s SEBI has proposed scrapping long-term capital gains tax for foreign investors as the country faces record equity outflows; the government has the final say. Banking and Risk: South Korean regulators are checking crypto exchanges’ security after a reported $6.4 billion Binance hack. Barclays, meanwhile, plans to begin compensation payments to some UK motor-finance customers ahead of a legal challenge to the wider redress scheme. Development Finance: Egypt signed a $1 billion World Bank financing deal for the second phase of its reform programme. In Kenya, banks say SME borrowers need clear financial records and reliable cash flow to demonstrate they can repay loans. Clean Energy: NORD/LB closed €74 million in financing for a 97.5 MW solar park in Italy, with a 20-year contract designed to provide revenue certainty.
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.