Global investors grappling with the fallout from the Iran war have slashed their expectations for economic growth by the most in four years, according to the latest Bank of America Corp. survey of fund managers. Expectations for inflation, meanwhile are at an almost...

A BlackRock Inc. private credit fund in Asia has suffered the first default by a borrower in its portfolio after a Chinese company failed to repay a loan, according to people familiar with the matter. The delinquency occurred on April 1, after Metcold Holdings Ltd., a...

Ukraine said it hit a fertilizer plant in northwestern Russia, as the military steps up strikes on industrial facilities to curb revenue for commodity exporters. The Apatit JSC plant, situated in Russia’s Vologda region, was attacked as it produces raw materials for...

Goldman Sachs Group Inc. Chief Executive Officer David Solomon said that while retail investors have been worried about private credit — and the sector will continue to cause some concern — his bank has few issues in the space and continues to see it as attractive....

A judge threw out Donald Trump’s $10 billion libel suit against the Wall Street Journal and parent company News Corp., dealing a blow to the president’s ongoing campaign of litigation against the media. The decision Monday in federal court in Miami largely vindicates...

The Netherlands’ financial markets regulator warned of further turmoil in the $1.8 trillion private credit market after turmoil at some direct lenders. There have been “incorrect assessments in lending,” Laura van Geest, who leads the Authority for the Financial...