Business

Blackstone’s $82 billion private credit fund sees net outflows

Tuesday, March 3 by SRN News

By Isla Binnie NEW YORK, March 2 (Reuters) - Blackstone, the world's largest alternative asset manager, has agreed to increase payouts to investors from a private credit fund this quarter, leading to net outflows, a securities filing showed on Monday. Investors in the $82 billion Blackstone... Read More.

China’s economic ambitions hit limits to growth as its national congress meets

Tuesday, March 3 by SRN News

BEIJING (AP) - China's progress in building a modern economy, evident in its kung-fu fighting robots and self-parking cars, is hitting limits as a downturn in its housing industry drags on, small businesses suffer and young people struggle to find jobs. The gap between Chinese... Read More.

Airline stocks extend falls as fuel price uncertainty weighs

Tuesday, March 3 by SRN News

By Byron Kaye and Julie Zhu SYDNEY/HONG KONG, March 3 (Reuters) - Asian airline shares extended losses on Tuesday as the U.S. and Israeli war against Iran escalated, with carriers closely monitoring fuel price spikes and many seeing a surge in bookings as passengers switch... Read More.

Oil rises as expanding US-Israeli conflict with Iran elevates supply risks

Tuesday, March 3 by SRN News

March 3 (Reuters) - Oil prices rose for a third day on Tuesday as the widening U.S.-Israeli conflict with Iran and threats to shipping through the Strait of Hormuz heightened fears of supply disruptions from the key Middle East producing region. Brent crude futures were... Read More.

OpenAI amending deal with Pentagon, CEO Altman says

Tuesday, March 3 by SRN News

March 2 (Reuters) - OpenAI Chief Executive Sam Altman said on Monday that the ChatGPT-maker is working with the U.S. Department of Defense to make some changes in their agreement. "We have been working with the DoW (Department of War) to make some additions in... Read More.

Asian shares are mostly lower as investors focus on the Iran war’s impact on energy supplies

Tuesday, March 3 by SRN News

TOKYO (AP) - Asian shares mostly declined and oil prices surged higher Tuesday as investors eyed risks to the region's energy supply because of the Iran war. Shares in South Korea sank 4.8% as markets reopened after a holiday on Monday, to 5,946.06. Benchmark U.S.... Read More.

Japan quarterly capex rises 6.5% as government seeks to spur investment

Tuesday, March 3 by SRN News

By Makiko Yamazaki TOKYO, March 3 (Reuters) - Japanese spending on factories and equipment rose 6.5% on-year in the fourth quarter, Ministry of Finance data showed on Tuesday, indicating resilient investment demand continued to support a barely growing economy. The encouraging data, which will be used... Read More.

Analysis-Dollar reclaims safe-haven mantle as Iran strikes rattle nerves

Monday, March 2 by SRN News

By Saqib Iqbal Ahmed NEW YORK, March 2 (Reuters) - The dollar's sharp rally following U.S. strikes on Iran is reassuring investors the currency still functions as a global safe-haven, with the greenback reclaiming its traditional crisis-era role as geopolitical tensions flare in the Middle... Read More.

Trump takes unconventional approach to communicating to the public about its war in Iran

Monday, March 2 by SRN News

Typical of an unconventional presidency, the Trump administration waited more than 48 hours to make any live, public communication to the American people about why it had decided to go to war with Iran. President Donald Trump discussed why he launched the attack prior to... Read More.

Trading Day: Oil, yields, uncertainty surge

Monday, March 2 by SRN News

ORLANDO, Florida, March 2 (Reuters) - Oil and gas prices clocked their biggest rise in years, while bonds and most stock markets fell on Monday, after the U.S.-Israeli attack on Iran over the weekend triggered waves of volatility across world markets. The big -... Read More.

Current Weather

Blackstone’s $82 billion private credit fund sees net outflows

China’s economic ambitions hit limits to growth as its national congress meets

Airline stocks extend falls as fuel price uncertainty weighs

Oil rises as expanding US-Israeli conflict with Iran elevates supply risks

OpenAI amending deal with Pentagon, CEO Altman says

Asian shares are mostly lower as investors focus on the Iran war’s impact on energy supplies

Japan quarterly capex rises 6.5% as government seeks to spur investment

Analysis-Dollar reclaims safe-haven mantle as Iran strikes rattle nerves

Trump takes unconventional approach to communicating to the public about its war in Iran

Trading Day: Oil, yields, uncertainty surge

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