Financial markets
Blackstone, a leading investment firm, has launched its first private multi-asset credit interval fund, known as the Blackstone Private Multi-Asset Credit and Income Fund (BMACX). This fund is designed to provide individuals with a one-stop, private multi-asset credit solution, leveraging Blackstone's $465 billion credit platform. The fund offers
Financial markets
Nasdaq has announced the delisting of 17 companies due to various reasons such as non-compliance with listing rules, failure to meet financial reporting requirements, and extended trading halts. The delistings affect companies across various industries and markets, including biotechnology, fintech, and healthcare. These actions were taken in accordance with Nasdaq&
Ambassadors
The "Liberation Day" of the United States of America ignited a trade and tariff war with China, causing a crash in domestic stocks, bonds, and currency markets, as well as wiping out vast amounts of global wealth. China has firmly rejected the US's tariff bullying, drawing
Financial markets
Concorde International Group Ltd. (CIGL), an integrated security services provider, has completed its initial public offering (IPO) of Class A ordinary shares at a public offering price of US$4.00 per share. The Company raised aggregate gross proceeds of US$5.0 million from the offering, which is expected
Financial markets
The latest update to the Brookings-FT Tiger index reveals a mixed picture, with the financial index declining and private-sector confidence crumbling due to US President Donald Trump's tariff policy. The uncertainty has severely dented consumer confidence and is likely to take a toll on business investment and employment
Financial markets
The United States President's tariff policies have not only created economic chaos in their aftermath but also have broader societal implications. The stock markets are experiencing their worst start to a presidential term in modern history, and the economic implications of Trump's actions will resonate well
Financial markets
The Bank of Canada's decision to maintain interest rates at 2.75 per cent this week will likely come as a disappointment for variable-rate mortgage holders. Despite the hold, senior economist Robert Kavcic is still optimistic about the outlook for variable mortgage holders, predicting that the Bank of
Economic growth
President Donald Trump's announcement of sweeping tariffs on imports from nearly every country has sent shockwaves around the globe, plunging markets into turmoil and casting a dark shadow over the global economy. The imposition of reciprocal tariffs was justified by Trump as a means to boost the US
Financial markets
The sudden imposition and subsequent pause of tariffs by US President Donald Trump on April 2 has set off a chain reaction in global trade, sparking economic jitters and prompting questions about the strategic imperative behind these policies. Just days after the "Liberation Day" tariffs, Trump reversed the
Financial markets
Avanceon Limited's shares have been added to the Deliverable Future Contracts (DFC) on the Pakistan Stock Exchange (PSX) for the April 2025 term. This move allows investors to trade based on the expected future performance of the company within the designated contract period. The listing is part of
Financial markets
The International Monetary Fund (IMF) has issued a dire warning about the potential for a global financial meltdown due to the escalating trade tensions between the US and China. The world's lender of last resort attributes the heightened geopolitical risk to President Donald Trump's chaotic trade
Financial markets
Industry veterans Michael Timms and Colin Doherty have joined Bayview Asset Management as co-heads of the firm's newly created Fund Finance investment strategy. This development marks a significant expansion of Bayview's Asset Based Finance (ABF) offerings, a rapidly growing market within private credit. With a 30-year
