Stocks12 h ago
Ares Warns of Australian Private Credit Stress From Rising Rates
Elevated interest rates threaten to add further pressure on Australia’s private credit sector given its weighting to the country’s struggling real estate market, an Ares Management Corp. executive has warned.
Read the full story at the source·Bloomberg
Tools touched by this news — now
More news in Stocks
US Futures Slip as Neocloud IPO Elice Flops, SpaceX Results LoomStorm Austen to Boost Wind Power in Europe as Gas Prices SurgeUS Power-Grid Strains Become a Year-Round ProblemHalliburton Sees Multi-Year Demand Growth From Energy DisruptionBarclays Says Cycle Peaking for Data Center Equipment VendorsFrance’s Lack of Fiscal Anchor a Concern for Markets, Says Vanda’s Nordvig