Property developer Bathla Group entered voluntary administration late last month after running out of cash, leaving $3.6 billion in private‑credit debt, 2,000 homes mid‑construction, and 15,000 planned dwellings in limbo. Around 40 private credit funds are owed more than $3 billion, including PAG, Balmain, Trilogy, Centuria Bass, Ray White Capital, and La Trobe Financial. Some lenders The post…
Morgan Stanley Chief US Equity Strategist Mike Wilson says we're still in a bull market, but higher oil prices and interest rates are a risk to stocks.
DBS Group Research economist Ma Tieying expects the Bank of Japan (BoJ) to raise rates by 25bps at its September 17–18 meeting, describing a hike as almost certain given solid Gross Domestic Product…
