The private assets secondary market could reach $250 billion this year after surging to a record $121 billion in the first half of 2026, Nigel Dawn, global head of the private capital advisory group at Evercore Inc., said in a Bloomberg TV interview. Dawn attributed...

New York City’s five pensions beat their investment target over the past fiscal year, propelled by a record-breaking US stock market. The funds for police officers, firefighters, teachers, civil employees and school personnel returned 13% in the year through June 30,...

Individuals in India lost 916.85 billion rupees ($9.6 billion) buying and selling equity futures and options in the year ended March, down from 1.1 trillion rupees a year earlier, the government told lawmakers on Tuesday. The number of traders in equity derivatives...

Neros Inc. raised $250 million in a funding round that tripled its valuation to $2.5 billion, money that will boost the defense startup’s drone development and production to meet rising US government demand. The funding will also be used to expand internationally and...

Treasury Secretary Scott Bessent’s suggestion of a no-limits approach toward helping Japan rescue the yen risks getting called out by market participants flagging his limited firepower to do the job. Japan’s currency slid as much as 1% Monday to past 159 per dollar,...

The drone that crashed into a sunflower field in Bulgaria early Saturday was most likely a model commonly used by Ukraine, the Bulgarian defense ministry said. “Initial analysis of the wreckage shows that it is most likely a Maya decoy drone. This type of drone is...

Some say that history may not repeat itself, but it often rhymes. Single-stock product launches have exploded in the ETF ecosystem, but South Korea’s recent efforts to curb excessive speculation in these funds are producing historical echoes of the Panic of 1873....

Japan’s Topix stock index is poised for its biggest overhaul, with more than 600 companies — over a third of its constituents — likely to be gradually removed under new eligibility rules, according to analysts’ estimates. Companies whose free-float market...

A German airport used to ship Ukraine military equipment resumed flights after discovering an explosive-laden drone, prompting warnings of new threats targeting Europe. Germany’s Leipzig-Halle airport, a major hub for transporting cargo and arms, diverted several...

Germany’s Leipzig-Halle airport, a major hub for transporting cargo and military equipment, temporarily suspended flights after an armed drone was found overnight and a cargo plane collided in midair with a small, unidentified object. Several aircraft, including a...

The yen’s rally stalled Tuesday even as US Treasury Secretary Scott Bessent pledged continued support for Japan following a historic joint intervention. The yen ended the New York trading session weaker by 0.4% against the dollar, snapping the Japanese currency’s best...

Jefferies Financial Group Inc. has been told that some of the invoices underpinning its financing to an iron ore trader called Sapphire Minmetals Corp. are not genuine, according to people familiar with the matter. The discovery, which came after Jefferies checked the...

The Federal Communications Commission is drafting a ban on imports of some Chinese data center components to protect US data center infrastructure, Reuters reported. The proposed ban aims to prevent Chinese firms from installing malware or stealing data from the data...