KKR Bets on Domestic Consumption, Private Credit in India Push
KKR & Co. says the consumer sector will continue to provide investment opportunities in India, where the US buyout giant is also building out its private credit portfolio.
KKR & Co. says the consumer sector will continue to provide investment opportunities in India, where the US buyout giant is also building out its private credit portfolio.
A rally that has seen European bank stocks outpace both US peers and the Nasdaq over the last three years faces a key test in coming days when most of the region’s major lenders report results.
China has greenlit a US listing by autonomous driving startup Pony.ai, raising the potential for an increase in Chinese tech initial public offerings in New York after a more than two-year hiatus.
Mobvoi Inc., a Chinese artificial intelligence developer backed by Alphabet Inc.’s Google, dropped as much as 22% in its first day of trading in Hong Kong, marking the third stock debut to flop in the city this week.
Oil held a gain as a report showed lower US crude stockpiles, and traders weighed the possible fallout from fresh sanctions on Iran.
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