Credit

Gold Prices Climb Over 1% Following U.S. Credit Downgrade
Gold prices rallied on Monday, gaining over 1% as Moody's downgraded the U.S. government's credit rating, prompting investors to look for safe havens. The news follows a period of extreme...
STI slips 0.6%, weighed down by US credit rating downgrade
STI slips 0.6%, weighed down by US credit rating downgrade
[SINGAPORE] Singapore shares closed the first trading day of the week lower, as with most of the regional major indexes, as United States equity and bond futures slid in...
OCBC remains bullish on investment outlook despite US credit downgrade by Moody’s
OCBC remains bullish on investment outlook despite US credit downgrade by Moody’s
[SINGAPORE] Local bank OCBC remains positive about the investment outlook for the next one year, despite Moody’s downgrade of the United States’ credit rating on Friday (May 16).The ratings...
HSBC revamps financing, advisory to help private credit push
HSBC revamps financing, advisory to help private credit push
[LONDON] HSBC Holdings is reorganising its capital markets and corporate advisory units into a new business as part of a plan aimed at helping Europe’s biggest bank grab a...
Swiss court rules Credit Suisse bonus cuts were unlawful
Swiss court rules Credit Suisse bonus cuts were unlawful
The bonus measures affected around 1,000 people, some of whom challenged the decision with Switzerland’s Federal Administrative CourtPublished Wed, May 14, 2025 · 06:10 PM[ZURICH] A top Swiss court...
High interest rates, volatile stock markets could prime private credit to outshine private equity again
High interest rates, volatile stock markets could prime private credit to outshine private equity again
[SINGAPORE] Funds that invest in private credit globally may be poised to beat those for private equity (PE) again this year. That is especially if interest rates remain high...
Granite Asia’s first private credit fund hits US0 million at first close 
Granite Asia’s first private credit fund hits US$250 million at first close 
[SINGAPORE] Granite Asia announced that it has secured over US$250 million from anchor investors for its first private credit fund, Libra Hybrid Capital Fund. In a press release on Thursday...
Granite Asia’s first private credit fund hits US0 million at first close 
Granite Asia’s first private credit fund hits US$250 million 
[SINGAPORE] Granite Asia announced that it has secured over US$250 million from anchor investors for its first private credit fund, Libra Hybrid Capital Fund. In a press release on Thursday...
Credit Suisse to pay US1 million as part of agreement with US DOJ in tax evasion case
Credit Suisse to pay US$511 million as part of agreement with US DOJ in tax evasion case
A CREDIT Suisse unit on Monday pleaded guilty to US charges of helping ultra-wealthy Americans evade taxes and will pay a fine of more than US$510 million, the US...
Credit Suisse to pay US1 million as part of agreement with US DOJ in tax evasion case
Credit Suisse to pay US$511 million as part of agreement with US DOJ in tax evasion case involving Singapore accounts
A CREDIT Suisse unit on Monday pleaded guilty to US charges of helping ultra-wealthy Americans evade taxes and will pay a fine of more than US$510 million, the US...