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
Pemex Chief Says Mexico to Refinance Its Debt to Avoid High Cost
Mexico will refinance Petroleos Mexicanos’s debt since it’s cheaper than if the state oil giant goes to the
2023-07-27 07:24
Singapore Bank UOB’s Profit Tops Estimates on Lending Income
United Overseas Bank Ltd. second-quarter profit beat estimates, buoyed by rising lending income. Net income, excluding one-off expenses,
2023-07-27 07:18
Mastercard demands US cannabis shops stop accepting debit cards
The issuer says its debit cards must not be used for legal cannabis, due to federal laws in the US.
2023-07-27 06:50
Iron Ore Looks Set for a Tumble as Major Stimulus Hopes Fade
Iron ore’s rally over the last couple of months is looking increasingly brittle as hopes fade for the
2023-07-27 06:25
Asian Hedge Funds Outperform With Bets on AI, Japanese and US Stocks
Several Asia-based hedge funds used bets tied to artificial intelligence, along with Japanese and US stocks, to beat
2023-07-27 06:18
Semiconductors: Can India become a global chip powerhouse?
India has ambitious plans for semiconductor manufacturing, but there are challenges along the way.
2023-07-27 05:57
Three takeaways from Fed Chair Powell following July hike decision
Roughly every six weeks Federal Reserve Chair Jerome Powell delivers a report card that rates the economy's future performance. Here's what the latest one showed.
2023-07-27 05:56
Marketmind: China realism returns, Powell has spoken
By Jamie McGeever A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.
2023-07-27 05:48
Meta Shares Climb After Revenue, Forecast Beat Estimates
Meta Platforms Inc. shares surged after the company forecast revenue that beat analysts’ estimates, showing that the social
2023-07-27 04:26
Canada: Prime Minister holds major cabinet shakeup
In seeking a fourth term, Justin Trudeau has overhauled his team ahead of Canada's next election.
2023-07-27 03:16
Fed Raises Interest Rates to 22-Year High, Leaves Door Open for More
The Federal Reserve raised interest rates to the highest level in 22 years and Chair Jerome Powell said
2023-07-27 02:46