Culture
Apac private credit to reach US$92 billion in 2027 on wealth boom
The growth of Asia Pacific’s private markets comes against the broader backdrop of mounting headwind The Asia-Pacific private credit…
Tag
credit
News
Trump’s New Rules Will Wreck People’s Credit
President Donald Trump’s administration is about to ruin a lot of people’s credit. A new interpretative rule set published Tuesday by the…
Culture
Singapore's Lighthouse Canton to invest over US$1.5b in India; eyes private credit, real estate
Singapore-based asset manager Lighthouse Canton plans to invest over US$1.5 billion in India in the next few years, with a focus on…
Business
New study uncovers what stopped Napoleon's army during the retreat from Russia in 1812
When Napoleon’s once invincible army limped out of Russia in winter 1812, frostbite and hunger were merely half the story. Historians have…
Culture
UBS reshuffles leadership as Credit Suisse integration nears end
Lender is in the middle of a battle with the Swiss government over how much capital it needs to set aside to prevent a similar crisis UBS…
Culture
Blackstone profits soar but lower rates bring scrutiny to credit
The US$1.2 trillion firm is a giant non-bank lender in its own right, with credit dominating flows in the third quarter Blackstone sent…
Culture
Rivian to cut 600 jobs as loss of EV tax credit hits demand: source
[IRVINE, California] Rivian Automotive will lay off employees as the electric-vehicle maker contends with weakening demand following the…
Culture
Withers to take action against Switzerland on Credit Suisse AT1 losses in Asia
The law firm is acting for investors across the region, including in Hong Kong and Singapore International law firm Withers is commencing…
Culture
Dollar wavers with politics, credit risks and trade tensions in the spotlight
THE dollar edged up against the yen but was flat versus the euro on Monday (Oct 20) as investors shifted their focus to political…
Culture
Gold holds drop as traders focus on US-China trade, credit woes
Gold steadied following a sharp drop for precious metals on Friday (Oct 17), with traders weighing the latest developments in trade…
Business
Archaeologists discover 5,500-year-old site where communities came to celebrate and find unity
Long before cities dotted the Middle East, people gathered in the hills of modern-day Jordan to build something very different from a…
Business
Million-year-old fossil changes what we know about human hands and feet
For decades, Paranthropus boisei, an early hominin that roamed eastern Africa a million years ago, was known for its gigantic jaw and…
Culture
Banking shares’ wobbles reveal growing unease over credit risks
The markets have weathered a string of credit scares and surprise write-downs over the past two years A clutch of bad loans at banks in…
Culture
Asia: Stocks fall with Wall Street as US credit fears add to worries
ASIAN stocks tracked losses on Wall Street on Friday amid fresh credit market fears that compounded worries about trade tensions, a…
Business
Antarctic microbe has major food, cosmetic, and medical potential
In one of Earth’s driest, most harsh environments, scientists uncovered a micro-miracle. Down in Fumarole Bay on Deception Island,…
Culture
Private credit risks to be assessed by US government watchdog
THE US Government Accountability Office (GAO) is assessing the risks posed by private credit, in a sign that Washington is further…
News
Trump Bizarrely Tries to Take Credit After Judge Blocks Funding Cuts
“Now, are they taking great pleasure in that? No. Is trolling the Democrats? Yes. I mean, yes! Because that’s what President Trump does,…
Culture
Surge in interest, capital into private credit as investors retool portfolios
A large majority of them are intending to make an allocation to a private debt fund: Preqin More capital has been flowing into private…
Culture
Vietnam central bank vows to push growth, limiting credit risks
The trade levies are putting upward pressure on inflation and adding pressure on the currency The State Bank of Vietnam plans to keep…
Business
Fossil discovery reinvents story of echidna and platypus evolution
If you’ve always thought echidnas and platypuses were distant cousins who went their separate ways on land and water, think again. A…
News
Kash Patel Claims Credit for Alleged Kirk Shooter Turning Himself In
“Essentially, somebody that was very close to him turned him in,” the president continued, noting that additional details would be…
Culture
China’s credit expansion slows on weak demand, slower bond sales
China has been struggling to overcome the collapse of demand for borrowing linked to the property sector China’s credit growth slowed from…
Culture
Deutsche Bank hires trio for Asia Pacific credit trading, sales
Deutsche Bank hired three for its Asia Pacific credit trading and sales desk, underscoring high demand for staff, as finance professionals…
Culture
Nuveen partners with Temasek and Hunter Point for private credit push
Investment manager Nuveen’s private debt arm has partnered with Temasek and Hunter Point Capital, the company said on Wednesday (Sep 3),…