Summers, El-Erian Pile Criticism on Fitch Downgrade Decision
Prominent economists Larry Summers and Mohamed El-Erian joined a cohort of their peers in criticizing Fitch Ratings’ decision
2023-08-02 11:50
Pimco Warms Toward China Bonds on Weak Economy, Monetary Easing
Bearishness among foreign investors toward China’s bonds is easing after last year’s rout, with Pacific Investment Management Co.
2023-07-31 13:50
US Economic Soft Landing Hinges on Fed’s Tolerance of Inflation
Rising hopes of a soft landing for the US economy likely hinge on the Federal Reserve’s willingness to
2023-07-24 04:20
Apollo, Pimco Show Creditors Can Play Nice With Carvana Deal
A pact among Carvana Co. creditors to work together as they negotiated how to restructure the used-car dealer’s
2023-07-20 10:51
Net Zero Insurer Group Tweaks Guidelines Amid Republican Attacks
The Net Zero Insurance Alliance, which has been rocked by claims of antitrust violations by US Republicans, is
2023-07-06 03:57
Allianz Warns Pimco Flows ‘Shaky’ as Investors Assess Rates
Allianz SE Chief Executive Officer Oliver Baete plans to push deeper into alternative asset classes such as real
2023-06-30 15:29
Chinese Premier Tells German CEOs to Take Lead on ‘De-risking’
Chinese Premier Li Qiang called for “de-risking” decisions to be taken by companies rather than governments during a
2023-06-20 11:55
Pimco Says Stronger Support Needed for Rebound in China Property
China’s beleaguered property sector needs a more comprehensive policy approach and a wider usage of different funding channels
2023-06-13 09:59
Insurance Group Loses More Members After GOP Attacks on ESG
The list of firms walking out of the Net Zero Insurance Alliance continued to grow this week, adding
2023-05-30 18:58
New York Bills That Cap Key EM Debt Payouts Rile Pimco, Fidelity
Major investors from Pacific Investment Management Co. to Fidelity Investments are pushing back against New York bills that
2023-05-19 04:59