Itau Expects Delinquencies to Stay Low for ‘Foreseeable Future’
Itau Unibanco Holding SA is expecting its credit quality to stay stable over the next few quarters, with delinquencies within…
Korea’s Kospi Tumbles as Valuation Concerns Hit Tech Stocks
South Korea’s equity benchmark slumped as valuation concerns hammered recent winners such as chip stocks, defense and shipbuilders. Source: Original
Gold Holds Drop as Investors Weigh Outlook for Dollar, US Rates
Gold held the biggest drop in more than a week after the US dollar rose to the highest since May,…
Mori Trust CEO Seeks Foreign Partners for Condo Hotels in Japan
Mori Trust Co. is looking for overseas partners to launch condominiums in Japan that can be rented out like hotel…
Reeves Must Run Surpluses to Stop UK Debt Surging, NIESR Says
Chancellor of the Exchequer Rachel Reeves needs to run primary budget surpluses, a feat Britain last achieved quarter of a…
India’s ChrysCapital Raises Its Largest Fund With $2.2 Billion
ChrysCapital Management Co. closed its 10th private equity fund at $2.2 billion, beating its previous record as it hunts for…
First Brands Founder Accused of Looting Company
At first, the sales invoice said $179.84. Later, the bill said $9,271.25 – 50 times more. Source: Original
Nidec Shares May Rise After ¥600 Billion Credit Line From Banks
Nidec Corp. shares may rise after the company entered into a ¥600 billion ($3.9 billion) commitment line agreement with main…
HCI-Backed Insurtech Firm Exzeo Group Raises $168 Million in IPO
Exzeo Group Inc., an insurance technology firm backed by HCI Group Inc., raised $168 million in an initial public offering…
Blackstone-Backed Food Sanitation Cleaner Inks Workout Deal
Blackstone Inc.-backed Fortrex has reached a restructuring agreement in which lenders will take control of the troubled food sanitation facilities…