Blackstone reaches withdrawal limit

Source: Dukascopy Bank SA
Blackstone Private Credit Fund has revealed in a regulatory filing that in the fourth quarter of 2022 the fund has received withdrawal requests from its investors that amount to nearly 5.00% of the total outstanding stock.
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Fri, 09 Dec 2022 06:30:07 GMT

Credit Suisse raises cash

As Credit Suisse approaches the final stage of its $4.25 billion worth new stock sale, Reuters has reported that its sources expect the bank to succeed in raising the additional cash and financing a recovery of the bank.

Thu, 08 Dec 2022 12:30:08 GMT

China experiences decline in trade

In November, Chinese exports have reached worst level since February 2020, as the steepest decline since May 2020 has been observed. The decline has been attributed to a decline in global demand and local production disruptions.

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