Australia’s Housing Crunch Lures More Private Credit Lenders
Private credit funds, backed by some major global investors, are venturing where Australian banks increasingly fear to tread:
2023-11-10 11:56
NEF Latest: Carney, Macquarie’s Wikramanayake on COP28 Chances
The prospects for the COP28 climate summit starting at the end of this month are front and center
2023-11-10 10:28
Oil Set for Third Weekly Drop as Slow Demand Outweighs War Risk
Oil headed for a third straight weekly drop on growing demand concerns and the unwinding of its war-risk
2023-11-10 10:19
RBA Sees Elevated Inflation as Resilient Economy Aids Jobs
Australia’s central bank expects inflation will only return to the top of its 2-3% target by end-2025 and
2023-11-10 10:17
China Banks Rush to Raise Funds After Cash Crunch Spooks Market
Chinese banks have ramped up their borrowing of short-term funds, a sign that fears of a cash crunch
2023-11-10 07:53
The First Commercial Carbon-Sucking Facility in the US Opens in California
The US is getting its first commercial facility to soak up carbon dioxide from the ambient air for
2023-11-10 07:51
Buffett’s Cash at Record $157 Billion After Deal Slump
Berkshire Hathaway Inc.’s cash pile scaled a fresh record at $157.2 billion, bolstered both by elevated interest rates
2023-11-10 07:18
Portugal to Hold Snap Election in March After Probe Toppled Prime Minister
Portugal will face an early election on March 10 after Prime Minister Antonio Costa unexpectedly resigned on Tuesday
2023-11-10 05:21
Topgolf Callaway Sinks After Weak Sales Prompt Analyst Rating Cuts
Topgolf Callaway Brands Corp. tumbled on Thursday after weaker-than-expected sales trends at its namesake chain of high-tech driving
2023-11-10 05:16
Peru Offers Cheap Loans in Latest Effort to Revive the Economy
Peru’s latest recession-fighting strategy is to offer more government-back loans to weather-hit industries such as agriculture and fishing.
2023-11-10 04:58
Adnoc Makes New Offer to Buy Controlling Stake in Braskem
Abu Dhabi National Oil Co.’s new $2.1 billion offer to acquire a major stake in Latin America’s leading
2023-11-10 02:49
Major Retailer’s Struggles Flash Warning Signs for Canadian Economy
Big box retailer Canadian Tire Corp. will cut 3% of staff and eliminate most vacant roles as consumers
2023-11-10 01:55