Credit
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Europe: Stocks subdued as corporate news outweighs US credit downgrade
EUROPEAN stocks closed flat on Monday, following a five-week winning streak, as declines from a surprise US credit rating downgrade were offset by upbeat corporate updates. The pan-European Stoxx 600 index…
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STI slips 0.6%, weighed down by US credit rating downgrade
[SINGAPORE] Singapore shares closed the first trading day of the week lower, as with most of the regional major indexes, as United States equity and bond futures slid in early…
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Asian Markets Drop After US Loses Last Triple-A Credit Rating
Asian stocks fell with the dollar Monday after Moody’s removed the United States’ last gold standard sovereign bond rating, citing the growing debt pile that it warned could balloon further.…
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OCBC remains bullish on investment outlook despite US credit downgrade by Moody’s
[SINGAPORE] Local bank OCBC remains positive about the investment outlook for the next one year, despite Moody’s downgrade of the United States’ credit rating on Friday (May 16). The ratings…
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US Loses Last Triple-A Credit Rating As Moody’s Cuts On Growing Govt Debt
The United States lost its last triple-A credit rating from a major agency on Friday as Moody’s announced a downgrade, citing rising levels of government debt and dealing a blow…
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HSBC revamps financing, advisory to help private credit push
[LONDON] HSBC Holdings is reorganising its capital markets and corporate advisory units into a new business as part of a plan aimed at helping Europe’s biggest bank grab a larger…
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World Press Photo Suspends Credit For ‘Napalm Girl’ Picture
World Press Photo suspended on Friday the credit for who took one of the most iconic pictures in history, the Vietnam War image “Napalm Girl”, after doubts were raised over…
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Swiss court rules Credit Suisse bonus cuts were unlawful
The bonus measures affected around 1,000 people, some of whom challenged the decision with Switzerland’s Federal Administrative Court Published Wed, May 14, 2025 · 06:10 PM [ZURICH] A top Swiss…
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High interest rates, volatile stock markets could prime private credit to outshine private equity again
[SINGAPORE] Funds that invest in private credit globally may be poised to beat those for private equity (PE) again this year. That is especially if interest rates remain high while…
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Granite Asia’s first private credit fund hits US$250 million at first close
[SINGAPORE] Granite Asia announced that it has secured over US$250 million from anchor investors for its first private credit fund, Libra Hybrid Capital Fund. In a press release on Thursday…
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Granite Asia’s first private credit fund hits US$250 million
[SINGAPORE] Granite Asia announced that it has secured over US$250 million from anchor investors for its first private credit fund, Libra Hybrid Capital Fund. In a press release on Thursday…
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Credit Suisse to pay US$511 million as part of agreement with US DOJ in tax evasion case involving Singapore accounts
A CREDIT Suisse unit pleaded guilty to US charges of helping ultra-wealthy Americans evade taxes and will pay a fine of more than US$510 million, the US Department of Justice…
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Blackstone’s Q1 profit beats on robust private equity, credit performance
[WASHINGTON] Blackstone reported a higher-than-expected profit for the first quarter on Thursday (Apr 17), driven by proceeds from asset sales across its private equity and credit businesses. Policy uncertainty under…
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Industry players see room for private credit market to grow in South-east Asia
[SINGAPORE] Private credit funds, where investors pool their capital to enable the fund manager to provide loans to companies, are seeing greater interest in South-east Asia, with regional governments also…
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China credit expansion beats forecast on bond sale deluge
[NEW YORK] China’s credit expanded more than expected in March as the government accelerated bond offerings to help the economy offset the impact of surging US tariffs on Chinese goods.…
