Loan funds run by titans like Blackstone and Blue Owl, with around $500 bln in assets, face redemptions as default ...
The country's $3 trln index rebounded 10% a day after a record 12% plunge, reflecting the economy's exposure to Iran-driven energy shocks. Yet the KOSPI is still a top global performer thanks to ...
The carmaker might reduce strategic shareholdings via buybacks, bringing it a tad closer to a punchy returns target and marking a shift in the company's support of Tokyo's efficiency push. It also ...
The UAE has used interceptors like Patriots to down almost 200 Iranian salvoes. It's hard to gauge if the country and its ...
Luigi Lovaglio, CEO of Banca Monte dei Paschi di Siena, may not be on a list of candidates for the new board. It comes ...
The US president thinks tanker insurance and Navy escorts will restart Strait flows. But his fleets are targets, escorts lack ships, and precedent suggests shipping volumes don’t instantly recover ...
It's convenient for the nominee for Fed chair to argue that artificial intelligence will permit lower interest rates. But it echoes how productivity grew after the 1990s tech boom while ...
The Tucson maker depends on cars for profit, but less so for a recently enlarged $100 bln market cap. Rather, the rise reflects optimism in its Boston Dynamics unit commercialising the tech. A ...
New tools from Anthropic spell uncertainty for the sector. The stakes are higher for India, where any reduction of IT exports could lead to rocketing inflation and a currency crisis for the $4 ...
Blackstone reached into its pocket to help its $82 bln loan fund meet investor cash calls. Outflows, if sustained, may force it to curb withdrawals or sell assets. The practice of packaging hard-to ...
Aided by TPG’s credit arm, the declining printer brand pulled off a tricky reshuffle, borrowing $450 mln against ...
Facing energy-led inflation after the Gulf crisis, and with 2022's spiraling prices in mind, ratesetters may be tempted to tighten. Markets have swung from pricing a 40% chance of one ECB cut this ...
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