AGP Executive Report
Last update: 7 hours agoCybersecurity: India’s CERT-In says the AI-assisted “Crafty Falcon” group has targeted banks, non-bank lenders, fintechs and crypto exchanges, using tools including some linked by researchers to China. Separately, South Korean regulators reported 40 breaches at 37 financial firms in about a month, exposing roughly 473,000 records. Project Finance: Abu Dhabi’s Ta’ziz secured $1.39 billion for ammonia and terminal projects in Ruwais, bringing financing across three industrial projects to more than $3.39 billion. Trade and Development: IFC and Access Holdings agreed to expand trade finance for African businesses, while Tanzania secured a $60 million AfDB loan to bolster agricultural lending. Markets and Policy: Investors are weighing how the Democrats’ midterm gains could affect currencies and commodities. In India, the RBI has formed a panel to review financial-market issues. Wealth Taxes: California voters rejected a proposed billionaire wealth tax, but the issue remains on the political agenda as other proposals face debate.
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