AGP Executive Report
Last update: 11 hours agoBond Markets: U.S. Treasury yields have reached 24-year highs as investors demand more compensation for long-term risk, pushing up borrowing costs and adding pressure to markets. Asian Markets: CXMT shares fell 7.79% in their biggest one-day drop since July’s IPO, amid concerns memory-chip prices may be peaking. Standard Chartered executives say the yuan’s use in trade and financing is growing, though its global role remains limited. Corporate Results: Delta posted record September-quarter revenue and expects December-quarter revenue growth of about 20%; it plans to repay more than $2 billion of debt this year. Capital Markets: Airtel Money began trading on the London Stock Exchange after a £5.3 billion IPO, offering investors exposure to its African financial-services business. India Equities: The Sensex rose 1.23% and the Nifty 1.30%, led by IT stocks after TCS results; softer oil and a firmer rupee supported the rebound, though foreign investor selling remains a risk. Disclosure Rules: Germany’s BaFin fined Volkswagen €1.2 million for failing to promptly disclose price-sensitive information.
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