World economy
Why pension funds are doubling down on private credit despite deepening cracks
Pension funds are sticking with private credit, and in some cases doubling down on allocations even as concerns mount over underwriting standards, valuation opacity and sector concentration. Institutional investors, including pension funds, “generally remain committed to the asset class, with many continuing to build out their allocations,” said Cameron Systermans, head of multi-asset at Mercer […]
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Asia-Pacific markets set to open lower on fresh Iran-U.S. tensions following clashes
Offshore vessel ‘Zakher Duty’ at the Port of Fujairah, as the U.S.-Israel conflict with Iran limits marine traffic in the Strait of Hormuz, in Fujairah, United Arab Emirates, May 6, 2026. Amr Alfiky | Reuters Asia-Pacific markets were set to open lower Friday, as concerns grew over renewed hostilities between Iran and the U.S. amid […]
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Inside India newsletter: Social media is reshaping the world’s fastest-growing market for global brands
Hello, this is Priyanka Salve, writing to you from Singapore. Welcome to the latest edition of “Inside India“ — your one-stop destination for stories and developments from the world’s fastest-growing large economy. Rising incomes and a large population base make India a key market for global consumer-focused companies. But now, celebrity endorsements and wide distribution are not […]
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Asia-Pacific markets set to track Wall Street gains as Trump signals de-escalation in Iran conflict
A man looks at a screen showing global stock market information on the street in Tokyo, Japan. Chris McGrath | Getty Images Asia-Pacific markets were set to open higher, tracking Wall Street gains overnight as a drop in oil prices and strong earnings lifted investor sentiment. Signaling diplomatic efforts for resolving the Middle East crisis […]
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Oil prices slide as new attacks in Strait of Hormuz threaten fragile U.S.-Iran ceasefire
In an aerial view, the Marathon Petroleum Corp’s Los Angeles Refinery is seen on April 2, 2026 in Carson, California. Justin Sullivan | Getty Images Oil prices declined on Tuesday as traders assessed the risk of immediate supply disruptions amid renewed tensions between the U.S. and Iran. International benchmark Brent crude futures dipped 1.6% to $112.67 […]
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CNBC’s The China Connection newsletter: China is rewiring the Silicon Valley model — starting in Hong Kong
Hi, this is Evelyn, writing to you from Beijing. Welcome to the latest edition of The China Connection — a succinct snapshot of what I’m seeing and hearing from local businesses. My latest conversations with investors reveal a notable shift: China has taken note of how finance powered Silicon Valley’s rise and is following suit. […]
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European markets open mostly positive as Trump threatens new auto tariffs
LONDON — European markets opened the new trading week in positive territory as investors continue to monitor developments in the Middle East and a potential renewal of transatlantic trade tensions. The pan-European Stoxx 600 was 0.1% higher shortly after 8:00 a.m. in London. France’s CAC 40 was down almost 0.1%. Germany’s DAX was up 0.1% […]
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Asia markets set to open mixed after Trump unveils plan to free ships in Hormuz
A screen displays the Nikkei 225 Stock Average figure on the trading floor at the Nomura Securities Co. headquarters in Tokyo, Japan, on Jan. 11, 2024. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets were set to open mixed Monday as investors assess President Donald Trump’s plan to “free” ships stranded in the Strait of […]
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Recent inflation data was ‘bad news,’ Fed’s Goolsbee says
Austan Goolsbee, President and CEO, Federal Reserve Bank of Chicago speaks at The Capital Hilton during the 42nd annual National Association for Business Economics Economic Policy Conference on February 24, 2026 in Washington, DC. Luke Johnson | Getty Images Inflation data last week was “bad news” for the U.S. Federal Reserve and means the Fed […]
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Trump to get briefed on potential Iran strikes before war hits key 60-day deadline: Reports
U.S. President Donald Trump exits Air Force One as he arrives at Miami International Airport in Florida, U.S., April 11, 2026. Kevin Lamarque | Reuters President Donald Trump on Thursday is set to receive a briefing from U.S. Central Commander Adm. Brad Cooper and other military leaders on potential strikes in Iran, Axios and Reuters […]
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