4 tips to help you maintain a healthy credit rating
Several years ago, a conversation about credit ratings prompted a friendly argument with an acquaintance. My friend, an idealist who hated seeing how the rich and powerful took advantage…
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credit
Gambling, prediction markets create new credit risks, Bank of America warns
The bank says that there are already worrisome signs in some indicators of consumer stress, citing a US News survey Bank of America (BOA) is sounding the alarm over the explosive growth of…
Only True HBO Fans Will Instantly Recognize These Opening Credit Frames
In the age of streaming, it's been made easier than ever to skip past your favorite show's intro credits. And at the same time, these intro sequences have never looked and sounded cooler —…
Tim Cook’s track record as Apple CEO is better than you’re giving him credit for
Last week, the Financial Times reported that Apple CEO Tim Cook may step down next year. This news seemed to have little impact on Apple’s stock price, but it certainly sparked…
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 DWS Group, an asset management arm of Deutsche Bank, has dismissed its…
Treasury plans to change tax credit eligibility in a move critics say will hurt immigrant taxpayers
The U.S. Treasury Department said Thursday it plans to reclassify certain refundable tax credits as "federal public benefits," which will bar some immigrant taxpayers from receiving them,…
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 Japan’s Norinchukin Bank, hit hard by mammoth losses last year, logged a small profit…
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 The malaise sweeping financial markets globally is creeping into…
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 KKR is aiming to close its…
Trump Takes Credit for Drop in Chicago Crime. Here’s the Catch.
The Bulwark asked the Trump-owned chatbot a series of questions about the impacts of Trump’s agenda, ranging from tariffs to the insane claim that he has “solved” eight wars over the last…
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 With higher-for-longer interest rates, regulatory capital requirements for banks and the lack of a robust…
Trump Deserves Credit for Focus on Nigerian Christians
But the prospects of major U.S. intervention in this situation are grim. Source link
YouTube TV to Begin Issuing Customers $20 Credit for Disney Blackout on Sunday
When the Disney nets were first pulled from YouTube TV, the internet company said that if ESPN, ABC local stations and Disney’s other channels were unavailable for “an extended period of…
Trump Deserves Credit for Action on Nigeria’s Religious Persecution
He is upholding religious freedom as a pillar of American foreign policy, despite criticism of the move filled with misconceptions and disinformation. Source link
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…
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 Apollo Global Management has…
Japan’s US$132 billion borrowing binge reshapes global credit
The country’s firms that had hoarded cash for years when growth was stagnant are now ramping up spending and acquisitions, making them some of the busiest drivers of global dealmaking this…
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 The Asia-Pacific private credit market is projected to grow to US$92 billion in 2027…
Trump’s New Rules Will Wreck People’s Credit
President Donald Trump’s administration is about to ruin a lot of people’s credit. A new interpretative rule set published Tuesday by the Consumer Financial Protection Bureau will force…
Singapore's Lighthouse Canton to invest over US$1.5b in India; eyes private credit, real estate
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 told…
Singapore's Lighthouse Canton to invest over US$1.5 billion in India; eyes private credit, real estate
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 told…
UBS reshuffles leadership as Credit Suisse integration nears end
Lender is in the middle of a battle with the Swiss government over how much capital it needs to set aside to prevent a similar crisis UBS Group AG reshuffled its leadership as the…
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 Blackstone sent the strongest signal yet that private equity…
Rivian to cut 600 jobs as loss of EV tax credit hits demand: source
[IRVINE, California] Rivian Automotive will lay off employees as the electric-vehicle maker contends with weakening demand following the expiry of key US tax credits that had supported…