AGP Executive Report
Last update: 7 hours agoPhilippines Impeachment: The Senate impeachment court granted subpoenas for Vice President Sara Duterte’s bank, tax, and AMLC-related records, with House prosecutor Chel Diokno calling it a “victory for the Filipino people” and arguing the court needs the full financial picture—not just SALNs—to assess unexplained wealth. Market Outlook: COL Financial kept its PSEi year-end target at 7,500, citing cooling oil prices and possible capital-market catalysts as tensions with Iran fade from the inflation spotlight. Digital Finance Infrastructure: AfriVest launched a new website outlining its digital asset and currency digitization plans for African financial inclusion, aiming to connect wealth to the formal system. Sanctions & Compliance: Curaçao proposed tighter sanctions rules to curb terrorism financing and money laundering, including stricter due diligence for banks and trust offices. AI in Finance: Chime moves deeper into investing with stock and ETF trading plus custodial retirement accounts, setting up a direct clash with Robinhood. Energy Storage Deal: Fidra reached financial close on the 500MW West Burton C battery project, backed by major lenders and the National Wealth Fund. AI Chip Spending Watch: Meta shares hover near key resistance around $690 as investors weigh continued $115B–$135B 2026 AI infrastructure spending against rising costs.
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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