Apollo, KB Securities Team Up to Explore Private Credit

Apollo Global Management Inc. has teamed up with KB Securities Co. to explore private credit opportunities in South Korea and globally, according to the global firm’s spokesperson. Under the agreement, KB Securities will receive preferential rights to participate in...

US Consumer Delinquencies Climb as Student Debt Goes Unpaid

The share of US consumer debt in delinquency rose in the third quarter to the highest level in more than five years as unpaid student-loan balances continued to surge. Around 4.5% of debt was at least 30 days delinquent in the July-to-September period, the most since...

South Korean Stock Selloff Eases as Retail Traders Buy the Dip

South Korea’s stock benchmark pared losses after a sharp afternoon rebound as retail investors bought on the dip, offsetting some of the earlier selling driven by valuation concerns. The Kospi Index fell 2.9% on Wednesday, its steepest drop since August, after...

Retail Traders Post Worst Day Since April as Tech Rally Stumbles

For the day traders who pile into the hottest stocks, Tuesday was the worst session since the April chaos caused by Donald Trump’s trade war. The Retail Favorites Index — a Goldman Sachs Group Inc. basket of stocks heavily owned by non-professional traders — was hit...