Private credit managers are increasingly turning to the once-unthinkable: Trading in and out of loans to dump troubled assets and hunt for bargains amid the industry’s first stress test after years of breakneck growth. A number of business development companies are...

Turkey offloaded almost all of its US Treasuries in March as it stepped up efforts to defend the lira amid intense economic pressure from soaring energy costs. The amount of Treasuries held by Turkey fell to $1.8 billion by the end of March, down from $16 billion the...

Nvidia Corp., facing more investor skepticism, used its latest quarterly report to tout progress in diversifying the company, which aims to rely less on the giant data center operators that have fueled its runaway growth. Though spending has continued to surge from...

Surveys indicate that investors are piling into stocks even as they see rising inflation. That’s likely to backfire as equities aren’t the hedge against price growth they are often taken to be. It’s time to pay much more attention to real quantities again. Inflation...

Elon Musk’s SpaceX pulled back the curtain on a business empire that has racked up ballooning losses and debt after acquiring a cash-hungry startup, and pumping billions of dollars into futuristic endeavors ranging from AI to a Mars rocket. The prospectus that...

The former chief executive officer of private credit shop Bridging Finance Inc. will ask Ontario’s highest court to review a fresh ruling that upheld fraud findings against him. David Sharpe “intends to seek leave to appeal to the Ontario Court of Appeal,” lawyer...