Private credit market is a ‘big story’ in Asia though institutional investors have become selective, say industry experts
Hong Kong-based credit investment firm SC Lowy is raising a private debt fund with a target size of up to US$800 million, […]
US financial regulators restart work on long-delayed compensation rules
WASHINGTON, May 6 (Reuters) – A trio of U.S. financial regulators have resumed work on a long-delayed rule-writing project to make executive […]
Exclusive: China’s CICC may cut investment banking headcount by at least 10% this year, sources say
SHANGHAI, May 7 (Reuters) – China International Capital Corp (CICC) (3908.HK), opens new tab may reduce its investment banking headcount by at least 10% […]
Australia’s RBA sees no need to hike rates but wary of price risks
SYDNEY, May 7 (Reuters) – Australia’s central bank chief said on Tuesday interest rates were at the right level after holding steady […]
How Finnish strikes over labour reforms are affecting companies
May 7 (Reuters) – The SAK trade union association said in early April that Finnish labour unions would suspend a four-week strike which began […]
Mubadala Capital to Invest $13.5B in Brazilian Biofuels
Abu Dhabi’s Mubadala Capital is gearing up for a substantial investment venture in Brazil, planning to allocate around $13.5B over the next […]
Morgan Stanley, Frasers settle UK lawsuit over $1 bln margin call
LONDON, May 3 (Reuters) – British retail tycoon Mike Ashley’s Frasers Group (FRAS.L), opens new tab has withdrawn its London lawsuit against Morgan Stanley (MS.N), […]
Westpac announces new buyback, special dividend as profit slumps
May 6 (Reuters) – Australian bank Westpac (WBC.AX), opens new tab raised its share repurchase programme by A$1 billion ($661 million) and declared a […]
Louisiana Secures $52.7 Million for Pipeline Construction and Natural Gas Infrastructure
(P&GJ) — U.S. Senator Bill Cassidy, M.D. (R-LA), announced that Louisiana has been awarded more than $52.7 million in grants from the […]
Russia’s Gazprom Sees Worst Loss in Decades as European Gas Sales Collapse
— Kremlin-owned gas giant Gazprom said on Thursday it plunged to a net loss of 629 billion rubles ($6.9 billion) in 2023, […]
ECB’s Stournaras sees just three rate cuts in 2024 on strong growth
FRANKFURT, May 3 (Reuters) – The European Central Bank is “most likely” to cut interest rates just three times this year as […]
Morgan Stanley, Frasers settle UK lawsuit over $1 bln margin call
LONDON, May 3 (Reuters) – British retail tycoon Mike Ashley’s Frasers Group (FRAS.L), opens new tab has withdrawn its London lawsuit against Morgan Stanley (MS.N), […]