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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…
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credit
Business
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…
Business
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…
Business
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),…
Business
Temasek’s SeaTown closes third private credit fund after raising more than US$612 million
SeaTown Holdings, an investment manager indirectly owned by Temasek, said on Wednesday (Aug 27) it has closed its third private credit…
Business
Temasek’s SeaTown raises more than US$612m for third private credit fund
SeaTown Holdings, an investment manager indirectly owned by Temasek, said on Wednesday (Aug 27) that it has closed its third private…
Business
BlackRock pauses fundraising for latest Asia private credit fund
BlackRock paused fundraising earlier this year for its latest Asian private credit strategy amid its merger with HPS Investment Partners,…
Business
Thomson Medical secures S$225 million Islamic revolving credit facility
Thomson Medical Group has obtained a S$225 million Islamic revolving credit facility from Maybank in Singapore, the company said on…
Business
Apollo seeks to double India assets to US$4 billion in credit boom
Apollo Global Management plans to double its assets under management in India to US$4 billion over the next three years, as it looks to…
Business
Nubank sees more credit growth as quality gauges hold up
Nu Holdings, Latin America’s biggest digital bank, reported a decline in credit quality that was roughly in line with analysts’…
Business
DBS, China-Singapore Suzhou Industrial Park Development sign MOU to advance carbon credit trading
DBS China on Tuesday (Aug 12) has signed a memorandum of understanding with a subsidiary of China-Singapore Suzhou Industrial Park…
Business
DBS China signs MOU with two other parties to advance carbon credit trading
DBS China on Tuesday (Aug 12) signed a memorandum of understanding with a subsidiary of China-Singapore Suzhou Industrial Park Development…
Business
Meta’s US$29 billion deal marks pivotal moment for private credit
The heavy hitters of private credit have been waiting for this moment for years. Major lenders, which often cater to companies with dented…
Business
Blackstone makes first hire for Japan private credit origination
The Japanese market has become a vital source of money for private credit funds, as investors from high-net-worth individuals to insurers…
Business
Manulife buys Comvest to build US$18.4 billion private credit unit
Manulife Financial agreed to buy a majority stake in Comvest Credit Partners, creating a US$18.4 billion private credit platform as the…
Business
Private credit fuels a ‘buy now, pay later’ lending boom in Asia
Maria Hazel Regalado, a 48-year-old mother of four in the Philippines, needed a computer last year so she could work from home. Regalado,…
Business
Intel’s credit rating downgraded by Fitch on demand challenges
H downgrading US chipmaker Intel’s credit rating by one notch on Monday, according to a note by the ratings agency, which assigned a…
Business
UBS pays US$300 million to settle Credit Suisse mortgage case
Group said it reached an agreement with the US Department of Justice to resolve a legacy Credit Suisse matter related to the former bank’s…
Business
Asian credit gauges head for biggest two-day blowout since April
Any large move in US Treasury yields, over which most corporate US dollar bonds are priced, typically causes spreads to react around the…
Business
Barclays says credit liquidity premium gone as e-trading thrives
This premium has shrunk as electronic credit trading has boomed, bringing more liquidity to the market, according to the report The…
Business
The credit card in your pocket is about to become a crypto key
The barriers between legacy financial institutions and cryptocurrency upstarts continue to crumble. JPMorgan and Coinbase announced a new…
Business
Citi charges US$595 for ‘Strata Elite’ credit card to rival Amex, Chase
Citigroup launched a premium credit card designed to rival ones offered by JPMorgan Chase and American Express, the latest entrant in the…
Business
S&P downgrades SingPost’s credit rating to ‘BBB-’ on downscaling, subdued operating conditions
S&P Global Ratings on Friday (Jul 25) downgraded its long-term issuer credit rating on Singapore Post (SingPost) to “BBB-” from “BBB”, as…
Business
Moody’s profit tops estimates in sign of credit market’s rebound
Moody’s adjusted earnings per share of US$3.56 topped analysts’ forecasts of US$3.38 Moody’s, a bond grader and financial data provider,…