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Kuwaiti Oil Minister: OPEC is ready to make up any shortfall in the market by lifting production cuts.

2025-10-23

Kuwaiti Oil Minister: OPEC is ready to make up any shortfall in the market by lifting production cuts.

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2025-10-23

Blackstone's Credit Assets Under Management Surpass $500 Billion Up 18% Year-Over-Year] Blackstone Group (BX.N) has accumulated $508 billion in credit assets, and the private equity giant is targeting higher-rated debt investments. Blackstone announc

Blackstone's Credit Assets Under Management Surpass $500 Billion Up 18% Year-Over-Year] Blackstone Group (BX.N) has accumulated $508 billion in credit assets, and the private equity giant is targeting higher-rated debt investments. Blackstone announced Thursday that its overall credit strategy assets under management grew 18% year-over-year, with private investment-grade strategies surging 33% to $123 billion, becoming the primary growth driver. When Blackstone integrated its credit and insurance businesses two years ago, it set a goal of reaching $1 trillion within ten years. Gilles Delatte, who was appointed to lead the integrated business in 2023, stated in an interview this week that private credit is rapidly expanding beyond the traditional narrow definition of corporate sub-investment grade.
2025-10-23

U.S. stocks fluctuated upward, with the S&P 500 up 0.3%, the Nasdaq up 0.5% and the Dow up 0.06%.

U.S. stocks fluctuated upward, with the S&P 500 up 0.3%, the Nasdaq up 0.5% and the Dow up 0.06%.
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