Credit
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Deutsche Bank’s DWS cuts Asia private credit team: sources
Despite the retreat from Asia private credit, DWS sees alternatives driving growth and plans hires in Singapore [SINGAPORE] DWS Group, an asset management arm of Deutsche Bank, has dismissed its…
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Norinchukin ekes out small profit, flags risks in private credit market
The bank reported a net profit of 26 billion yen (S$217.3 million) for the months of July to September [TOKYO] Japan’s Norinchukin Bank, hit hard by mammoth losses last year,…
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AI bubble and growth fears are creeping into US credit markets
Risk premiums on everything from investment-grade corporates to junk bonds are hovering near their highest levels in weeks [NEW YORK] The malaise sweeping financial markets globally is creeping into credit…
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KKR targets December close for second Asia private credit fund
Asian borrowers remain highly price-sensitive, often opting for bank loans that are typically 200 basis points to 400 basis points cheaper than private debt [HONG KONG] KKR is aiming to…
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Is Tesla Hiding a Bizarre Theory Behind Apple CarPlay? Fans Link Surprise Move to EV Tax Credit
Some Tesla fans now believe the company’s sudden embrace of Apple CarPlay may be less about convenience and more about mitigating the impact of losing the US federal EV tax…
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More private credit firms now accept higher-risk ‘payment in kind’ in direct-lending deals
PIK used to be associated with distressed or mezzanine segments of private credit [SINGAPORE] With higher-for-longer interest rates, regulatory capital requirements for banks and the lack of a robust public-debt…
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YouTube TV Gives $20 Credit to Compensate For Disney Content Removal—Redeem Yours Now
YouTube TV is now sending out $20 credit which they recently announced to subscribers via email as compensation for the Disney blackout on its online streaming platform. YouTube TV Gives…
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OpenAI asks US to expand chips tax credit to AI data centres
OPENAI has asked the Trump administration to revamp a Chips Act tax credit to help lower the cost of artificial intelligence infrastructure, as the startup explores additional ways the US…
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Apollo, KB Securities team up to expand private credit in South Korea
The South Korean firm says that it plans to expand its global private credit footprint and enhance its capabilities in deal sourcing, financing, and arranging [SEOUL] Apollo Global Management has…
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Japan’s US$132 billion borrowing binge reshapes global credit
Financing all this overseas rather than at home is getting more appealing as yen borrowing costs rise to the highest since the late 2000s [TOKYO] The end of an era…
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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 [SINGAPORE] The Asia-Pacific private credit market is projected to grow to US$92 billion in 2027…
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Singapore’s Lighthouse Canton to invest over US$1.5b in India; eyes private credit, real estate
[MUMBAI] 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 private credit and real estate, senior executives…
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Singapore’s Lighthouse Canton to invest over US$1.5 billion in India; eyes private credit, real estate
[MUMBAI] 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 private credit and real estate, senior executives…
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UBS reshuffles leadership as Credit Suisse integration nears end
The lender is in the middle of a battle with the Swiss government over how much capital it needs to set aside to prevent another similar crisis [ZURICH] UBS Group…
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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 [NEW YORK] Blackstone sent the strongest signal yet that…
