Since 2008, private credit has expanded into a US$3.5 trillion industry, driven by private equity and operating outside the reach of traditional banking rules. As cracks begin to appear, the risks emb ...

Manufacturing hub under pressure to upgrade energy, transportation grids to maintain appeal as global supply-chain ...

I wrote recently that US dollar borrowing by European issuers in the bond and syndicated loan markets fell to a 10‑year low ...