Is China's economy 'a ticking time bomb'?
The world's second largest economy faces deep-rooted challenges in the years ahead.
2023-08-31 05:55
China's Evergrande says losses narrowed by 50% in the first half of 2023 as shares plunge
Evergrande Group, the world's most indebted real state developer, has reported a significant narrowing in its net losses for the first half of the year, thanks to a rise in revenue because of "the short boom of the property market" earlier this year.
2023-08-28 10:48
Ares Weighs Loosening Crystal Palace Ties to Focus on Chelsea
Ares Management Corp. is considering loosening ties with Crystal Palace FC as it explores an investment in rival
2023-08-15 16:47
Brevan Howard Hires New Mideast CEO From Ares
Brevan Howard Asset Management has appointed Oualid Lahsini as chief executive officer of its Middle East business. Lahsini,
2023-08-14 13:57
Ares-Led Group Provides $521 Million Loan for InvoCare Buyout
TPG Inc. has lined up a group of private credit funds led by Ares Management Corp. to help
2023-08-11 09:22
KKR Scoops Up Auto Loan Portfolio as Regional Banks Shed Assets
Private equity giant KKR & Co. has purchased a portfolio of prime auto loans from Georgia-based Synovus Financial
2023-08-09 02:58
Spirit AeroSystems resumes slide, sinks another 4%
By Valerie Insinna Spirit AeroSystems shares continued their downward spiral on Thursday, dropping another 4% a day after
2023-08-04 00:27
US Banking Crisis Could Play Out for Two More Years, Ares CEO Says
Ares Management Corp.’s chief executive officer said the banking crisis could play out for two more years, and
2023-08-02 02:56
Private Credit Lures $71 Billion in Second Quarter, Preqin Says
Demand for private credit rebounded globally in the second quarter, with 34 new funds raising $71.2 billion, more
2023-07-27 07:45
TSMC shares fall more than 3% after it cuts revenue outlook
TAIPEI (Reuters) -Shares of Taiwan's TSMC slumped more than 3% on Friday after the world's largest contract chipmaker flagged a
2023-07-21 10:26
Apollo, Pimco Show Creditors Can Play Nice With Carvana Deal
A pact among Carvana Co. creditors to work together as they negotiated how to restructure the used-car dealer’s
2023-07-20 10:46
Nigeria's so-called tax collectors: Menacing and mafia-like
The tax system is opaque - and abused, with politicians and private citizens lining their pockets.
2023-07-17 08:21