Bloomberg Markets
Allianz Global Investors secured $744 Million in commitments for the first close of its latest private credit fund targeting investments in the Asia Pacific, underscoring sustained investor interest for the asset class in the region.
Financial Times
Favourite for next prime minister due to deliver speech on economic policy next week
Bloomberg Markets
Used-car marketplace Carro is considering filing confidentially for an initial public offering in the US as soon as this month, people familiar with the matter said, testing investor appetite for Southeast Asian startups.
Bloomberg Markets
European Central Bank Governing Council member Jose Luis Escrivá said high oil prices are feeding through to other parts of the economy.
Bloomberg Markets
European Central Bank officials are facing the risk that inflation will hover above their goal “for quite some time,” according to Chief Economist Philip Lane.
Bloomberg Markets
Indonesia’s energy ministry directed miners to urgently boost domestic coal supplies just before the country was hit by rolling blackouts, the latest strain on President Prabowo Subianto’s administration following a week of protests.
Bloomberg Markets
Business activity in the euro area shrank less than anticipated in June, feeding optimism that the region’s economy can weather faster inflation and the jolt to confidence dealt by the Iran war.
Bloomberg Markets
Private equity firm IG4 Capital said it has enough capital to buy Raizen SA debt entirely in cash if needed as it seeks to acquire enough of the troubled sugar and ethanol producer’s obligations to end up with a 50.1% equity stake.