Private Credit’s CLO Machine Ramps Up in Push to Raise More Cash

Apr 2, 2026 | Markets, Private Credit

Faced with a wave of redemptions and market turmoil, the private credit industry is leaning into a classic Wall Street maneuver: securitization. Private credit firms are issuing collateralized loan obligations at a near record pace, despite unease over a potential...

Singapore Reports First Domestic Spread of Mutated Mpox Strain

Apr 2, 2026 | Markets

Singapore said a mutated monkeypox strain has spread locally for the first time, marking a new emergence of the potentially deadly virus in Asia while it continues to spread through Africa. Two men aged 30 and 34 are in stable condition after “likely being infected...

OpenAI Is Falling Out of Favor With Secondary Buyers

Apr 1, 2026 | Markets

OpenAI shares have fallen out of favor on the secondary market — in some cases becoming almost impossible to unload — as investors pivot quickly to Anthropic, its biggest competitor. Even as OpenAI raced in recent months to raise tens of billions of dollars, Next...

Top Gulf Aluminum Producer EGA Halted Output After Iran Strike

Apr 1, 2026 | Markets

Emirates Global Aluminium, the Middle East’s top producer of the metal, halted operations at its Al Taweelah smelter after the site was struck by Iranian missiles and drones over the weekend, according to a person familiar with the matter. The smelter on the outskirts...

London’s Family Offices Drew Mideast Money as Non-Doms Fled

Apr 1, 2026 | Markets

London’s unsettled family office economy has drawn rising investment from wealthy Middle Eastern families in the past 18 months, providing a boost as other rich investors pull back. Firms managing multi-billion-dollar fortunes from the United Arab Emirates to Saudi...