AGP Executive Report
Last update: 4 hours agoCorporate Earnings: Meta’s third-quarter revenue rose 26% to $64.6 billion on stronger advertising, beating forecasts. But its plan to spend heavily on AI is fueling investor concern over costs. Capital Investment: Canada unveiled a $1.75 billion venture and growth capital plan to draw more private funding into technology and life sciences. China Outlook: Foreign investment showed signs of stabilizing: September inflows rose 2.5% year on year, while high-tech investment climbed 33.8% in the first nine months. Market Risks: China’s CSI 300 has fallen about 20% from its June peak, while SK hynix paused a possible Solidigm IPO amid market volatility and regulatory concerns. Economic Signals: Japan’s manufacturing PMI eased to 53.3 in October, its slowest expansion in seven months. The World Bank sees Pakistan’s growth at 3.8% in fiscal 2027, warning that deeper reforms are needed to lift growth above 6%. Debt Markets: Queensland raised US$2 billion through its first US dollar-denominated benchmark bond, broadening its funding sources.
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