Moody’s warns Asia-Pacific private credit expansion to slow

Moody’s warns Asia-Pacific private credit expansion to slow

It notes that macroeconomic uncertainty, geopolitical tensions and elevated interest rates weigh on investor appetite for illiquid assets Published Mon, Jul 6, 2026 · 03:08 PM [SINGAPORE] Growth in private credit fundraising and deployment in the Asia-Pacific (Apac) region will slow over the next 12 to 18 months, according to Moody’s Ratings. This comes as…

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Sky To Takeover ITV In Deal That Reshapes British TV Market

Sky To Takeover ITV In Deal That Reshapes British TV Market

Sky has finally sealed a £1.6 billion ($2.1 billion) deal to acquire ITV‘s television network operations. ITV confirmed to shareholders on Monday morning that it will sell to its pay-TV rival, meaning a crown jewel of British broadcasting becomes part of the NBCUniversal entertainment empire. As the Paramount-Warner Bros. Discovery merger inches towards completion, Sky’s…

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NSE said to start marketing US$3 billion India IPO next week

NSE said to start marketing US billion India IPO next week

Published Mon, Jul 6, 2026 · 02:12 PM [MUMBAI] National Stock Exchange (NSE) of India, the operator of the world’s largest derivatives exchange by trading volume, is set to begin formal marketing as early as next week, according to sources familiar with the matter, moving ahead with what could be one of the largest-ever initial…

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China launches nuclear-capable missile into Pacific Ocean

China launches nuclear-capable missile into Pacific Ocean

A Chinese submarine launched a nuclear-capable ballistic missile into the Pacific Ocean on Monday in a planned military exercise, China‘s official Xinhua news agency has said. The missile carrying a dummy warhead was fired by an unspecified Chinese navy submarine at 12:01 p.m. Beijing time and “accurately fell into the predetermined sea area,” the report…

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ByteDance, Alibaba pull AI companions as Beijing tightens rules

ByteDance, Alibaba pull AI companions as Beijing tightens rules

In the US, tech platforms have come under intense legal scrutiny for similar features Published Mon, Jul 6, 2026 · 12:23 PM BYTEDANCE and Alibaba are pulling the plug on features that let users build and chat with artificial intelligence companions, preparing for new Chinese regulations governing human interactions with AI. ByteDance’s Doubao, China’s most…

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Goldman cuts yen forecast to 165 per dollar, likes carry trades

Goldman cuts yen forecast to 165 per dollar, likes carry trades

The lender’s revised forecast is among the most bearish of those surveyed by Bloomberg Published Mon, Jul 6, 2026 · 11:42 AM [SINGAPORE] Goldman Sachs Group sees the yen weakening to 165 per dollar in a year’s time, driven in part by Japan’s interest rate differentials with the US.  The Wall Street bank has revised…

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Singapore’s record-high electricity tariff drives retailers to roll out discounts, but price war unlikely

Singapore’s record-high electricity tariff drives retailers to roll out discounts, but price war unlikely

Firms expected to be prudent amid ongoing volatility, with lessons learnt from business failures in the 2021 crisis [SINGAPORE] Singapore’s electricity retailers are out to attract new customers with promotions on fixed-price plans – as consumers seek cost certainty following the 17 per cent surge in the electricity tariff for July to September, marking a…

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‘Macy’s 4th Of July Fireworks’ Viewership Up As U.S Celebrates 250

‘Macy’s 4th Of July Fireworks’ Viewership Up As U.S Celebrates 250

Two milestones helped Macy’s Fourth of July Fireworks deliver strong viewership. The 50th edition of the special held on America’s 250th anniversary amassed 11.2 million viewers across multiple telecasts and platforms (NBC, Peacock and Telemundo), NBC said Sunday, citing preliminary Nielsen data. The network did not release viewership last year, when the special was simulcast…

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