Private credit’s ‘zero-loss fantasy’ is coming to an end as defaults and fund exits rise
Private credit is expected to see a surge in defaults as investors continue to pull money from the sector.
Pop Mart shares plunge over 22% as concerns over sustainability of Labubu sales dwarf stellar results
the Beijing-based toy maker posted annual revenue of 37.1 billion yuan ($5.4 billion) for 2025, up 185% from a year earlier, just shy of LSEG estimates of 38 billion yuan.
What comes after Labubu? Inside Pop Mart’s next grow play
Pop Mart is betting on films, theme parks and global expansion to turn Labubu into a lasting franchise, even as the initial craze fades.
South Korea braces for ‘worst-case scenarios’ as Iran oil shock deepens
South Korean Prime Minister Kim Min-seok warned the government must prepare for “worst-case scenarios” stemming from the Middle East conflict.
Don’t be fooled by the UK’s pre-war inflation print — a ‘brutal’ surge could be coming
The U.K. inflation rate stood firm at 3% in February, according to the latest figures from the Office for National Statistics (ONS).
CNBC Daily Open: Plan for peace or a wish list?
Sentiment turns positive as the U.S. claims to be in active negotiations with Iran, while details emerge of a potential path to peace.
CNBC’s UK Exchange newsletter: Why UK bonds bore the brunt of the Iran sell-off
The rise in borrowing costs has grave implications for the UK government’s ability to hit its fiscal targets should the conflict remain protracted.
The Gulf built a global events empire, now war is putting it on ice
As war grounds flights and threatens to destabilize the region’s carefully built future, events from cultural to crypto have been quietly rescheduled.
European markets finish higher as U.S. seeks end to Iran conflict
European stocks advanced Wednesday as the U.S. showed more signs it was trying to de-escalate the war with Iran.
‘Asia’s Ukraine moment’: How the Iran war could accelerate a shift into renewables
The fallout from the sprawling Middle East conflict is expected to represent a watershed moment for the energy transition.
