Funding & Business
Blackstone Reaches Private Credit Deal With L&G
Blackstone has signed a private credit partnership with Legal & General Group Plc that the two firms aim to grow to up to $20 billion over the next five years, according to a Blackstone spokesperson. Silas Brown has more on “Bloomberg Open Interest.”
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Natixis chief Asia Pacific economist Alicia Garcia Herrero says she expects Beijing to announce more monetary and fiscal stimulus in the second half of the year. She tells Bloomberg Television that China’s economy fared better than expected in the first six months of 2025, but further policy moves will be needed to hit targets. (Source: Bloomberg)
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Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look at:
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Goldman Sachs Group Inc. strategists raised their forecast for Asian stocks, citing a more favorable macro environment and greater certainty around tariffs.
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