Finance News
CreditEase founder faces criminal probe in China after $4.5 billion redemption freeze
Beijing police have launched a criminal investigation into financial group CreditEase and imposed criminal coercive measures on its founder, Tang Ning. The investigation follows the suspension ...
Uber buys catering company for $2.3 billion to boost Uber Eats
Uber has agreed to acquire corporate catering platform ezCater for $2.3 billion in cash. The deal is expected to help Uber Eats expand its presence in orders for companies, offices and business ...
Traders Union research: Trading apps trigger unplanned trades
Trading apps make investing faster and more convenient, but they can also influence user behavior. Traders Union research found that notifications and other app features can push investors ...
Governments’ soaring interest costs: Can the world escape a $365 trillion debt trap?
Global debt has climbed to a record level of $365 trillion after adding $10 trillion in the first half of 2026. Advanced economies, including the United States and the United Kingdom, are now ...
ICRA maintains ratings for Toyota Financial Services India's bank facilities
Toyota Financial Services India Limited, which is expanding its vehicle financing business in India, has increased its rated amount to support its revised financing operational requirements. As ...
Federal International Finance bonds receive AAA(idn) rating under seventh rupiah programme
PT Federal International Finance's fourth tranche of bonds under its seventh rupiah bond programme has received a 'AAA(idn)' rating, extending the company's access to top-tier domestic credit ...
Foreign exchange reserves decline weekly in RBI Bulletin, while bank credit and deposits rise year-on-year
The latest weekly data for India’s banking and monetary system present a mixed picture of liquidity, foreign exchange reserves and banking activity in mid-September 2026. Total foreign exchange ...
Ares European Fund Financing CLO I DAC receives expected Fitch ratings
European structured credit issuance remains active as Ares European Fund Financing CLO I DAC moves toward closing with a targeted portfolio par amount of EUR700 million. The vehicle is set up as a ...
Germany approves renewed fuel tax cut as energy relief costs rise
Berlin is moving to extend support for households and businesses as high fuel costs persist amid the Iran war. Germany's lower house approved a second temporary gasoline tax discount this year, a ...
Blackstone plan tests Lloyd’s push for London insurance growth
London’s insurance market is weighing whether more private capital strengthens its global position or unsettles its traditional structure. Blackstone’s proposed Lloyd’s vehicle for ...
NIH funding changes delay pediatric brain tumor trial, extending wait for DIPG patients
For families confronting DIPG, a fast-moving childhood brain cancer with almost no effective treatment options, time is unusually scarce when experimental drugs are still in development. A planned ...
Global power grids face investment push as UN targets 80mn km expansion by 2040
Power transmission is moving to the centre of the energy transition as policymakers confront mounting delays, rising costs and weak capacity across electricity networks. The pressure is especially ...
U.S. equity funds draw first weekly inflow in five weeks on AI demand
A rebound in technology buying helps pull money back into U.S. equity funds in the week ended September 25 after a month of withdrawals. The shift comes as enthusiasm for AI applications and ...
Global equity funds draw strongest weekly inflows since July on AI optimism
Investor appetite for global equities rebounds in the week to September 25, ending a two-week run of outflows as enthusiasm around artificial intelligence offsets pressure from higher bond yields. ...
White House child care funding plan faces scrutiny over support for stay-at-home parents
The White House is considering using a federal child care fund to pay married stay-at-home parents, widening a policy debate over how family support should be structured. The proposal centers on ...
Private capital legal advisers adapt to rising demand for liquidity solutions
Private capital lawyers are handling more complex mandates as investors push for faster access to money tied up in long-term funds. That shift is driving work on secondaries deals, evergreen fund ...
UK government seeks to steady business sentiment before October budget
With companies bracing for a possible new round of tax increases next month, ministers are trying to project stability ahead of the UK budget on 28 October. Pat McFadden says Britain is in a good ...
U.S. House incumbents hold cash edge in key toss-up races
As the 2026 midterm battle for control of Congress intensifies, incumbents are holding significant financial advantages in many of the closest U.S. House contests. The gap is especially notable in ...
Pimco faces steep losses on Philadelphia office CMBS exposure
Stress in the U.S. office property market is weighing on bondholders tied to a downtown Philadelphia office complex. Pacific Investment Management Co. stands to lose about $35 million on its ...
U.S. consumers shift from ACA plans as premium pressures reshape health coverage choices
Rising health insurance costs are pushing some self-employed and middle-income Americans to leave Affordable Care Act marketplace plans and seek cheaper, less comprehensive alternatives. The shift ...
World Bank approves $750 million Türkiye agrifood financing package
Türkiye is advancing a broad agrifood transformation push with new funding aimed at improving farm finance, value-chain competitiveness and rural employment. The $750 million TARGET program is ...
