Daily Briefing: Higher Rates Deepen Private Equity’s Zombie-Fund Problem
Plus: A-CAP insurers sue South Carolina regulator over takeover attempt.
Market and business briefs compiled by the Trading Floor desk from reporting across the industry. Every brief names and links the outlet that first reported the story.
Plus: A-CAP insurers sue South Carolina regulator over takeover attempt.
France must stay focused on getting its budget deficit back to the the level permitted under European Union rules, according to Finance Minister Roland Lescure.
A measure of French bond risk rose to one percentage point for the first time in 14 years, a sign of growing caution among investors given the country’s large budget deficit and ongoing political uncertainty.
Bitcoin (BTC) edged 1.8% higher to $77,813 on Binance today (Friday), two days after the Federal Reserve's first rate hike since 2023 failed to push the cryptocurrency through its $75,000 floor. The bounce comes with a technical shift Bitcoin has not shown since November 2025: the…
Stocks linked to the build-out in artificial intelligence continued to rally premarket. Intel rose 2.3%, Sandisk and Micron Technology rose 1.6% and 1.1% respectively.
This year, Taiwan became the world’s fifth largest stock market by total value in May.
Euro-area finance ministers may hold an extraordinary meeting to discuss how to cope with increasing energy prices amid strained budgets and global bond-market turmoil.
UK payroll savings platform Sync Savings has been backed by leading female investors to make saving easier and more accessible to consumers.
Hantec Prime, the institutional division of Hantec Markets, has reported trading volume up more than 300% year-to-date and the addition of 42 new institutional clients since December, capping one of its strongest years of growth to date. The firm, which provides liquidity, execution…
Retail sales rebounded in August, helped by online sales, as consumers shrugged off recently rising inflation.
Everything you need to know before you reach the office this morning.
Mount Street has been appointed by Ascory Bank AG to provide outsourced portfolio administration, monitoring and surveillance services across the bank’s portfolio. The scope also includes the design, implementation and maintenance of a bespoke rating framework for its structured finance exposures.
Also: All the news and watercooler chat from Fortune.
Parents are sending their teens' work emails for them. “An employer may reasonably wonder whether the teenager can communicate independently," says expert.
Poland may need to tighten what is an already restrictive monetary stance if energy prices accelerate, according to central banker Wieslaw Janczyk.
HitPay, a payment platform for small and medium-sized enterprises across Southeast Asia, today launched the first phase of its CFO Stack, a suite of finance tools designed to help businesses manage more payment operations in one place.
Hawkish comments by BoJ governor fail to arrest renewed slide in currency after borrowing costs lifted to 1.25%…
AirAsia's Tony Fernandes pushed back against a report raising concerns over the airline’s financial health, while signaling plans to resume growth.
Anthropic and OpenAI have announced a flurry of AI infrastructure deals over the past year as demand booms.
EXCLUSIVE: The act’s failure to progress leaves regulation of the cryptocurrency industry in the hands of government agencies and vulnerable to interpretation as administrations change, analysts said.
The company’s Muse AI agent needs user data to be useful, but users might be wary.
In 10 years, India's leading multinational conglomerate, the Tata Group, is facing a new power struggle between the chairman of Tata Sons and Tata Trusts.
Plus, Meta needs to convince skeptical consumers it’s trustworthy if its powerful new Muse AI agent is going to succeed.
Suleyman joined "Squawk Box" to discuss OpenAI's latest incidents of "concerning model behavior" disclosed earlier this week.
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