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Goldman private credit fund escapes redemption pressure again

Goldman Sachs' NYSE:GS private credit fund said on Wednesday that investors sought to repurchase roughly 3.24% of its total shares in the second quarter, extending its streak of lower redemptions compared to most of the other players of the private credit industry.The bank's fund, GS Credit, once a…

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ETFs
NEWS reuters

Chile's economic activity falls unexpectedly in May, fifth decline in a row

Chile's economic activity fell in May, central bank data showed on Wednesday, missing market forecasts and falling for the fifth consecutive month.The IMACEC index, which accounts for about 90% of the Andean country's gross domestic product, declined 0.9% in May when compared with a year earlier, w…

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Economy
NEWS reuters

Slovakia plans no debts auctions in July, August

Slovakia will not hold any government debt auctions in July and August, and the next bond offering is planned for Sept. 21, the government debt agency Ardal said on Wednesday.

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Bonds

Battery metals recovery runs into stop-start EV market: Andy Home

By Andy HomeThe battery metals bust has run its course. Prices of lithium, cobalt and nickel have all recovered from their 2024-2025 lows.This has largely been a story of supply restraint.The world's dominant cobalt producer, the Democratic Republic of Congo, has restricted exports since February l…

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Futures

Markets diverge, momentum dominates

MARKETS DIVERGE, MOMENTUM DOMINATESJune was a bit of a mixed bag for stocks. The S&P 500 CBOE:SPX and Nasdaq TVC:IXIC both edged lower, while the Dow DJ:DJI and Russell 2000 TVC:RUT managed to grind out gains. Sector-wise, it was a similar split—tech SP:S5INFT and energy SP:SPN lagged, but industri…

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ETFsindex
reuters

Volkswagen's Cariad and Bosch end autonomous driving tie-up

Volkswagen's XETR:VOW software unit Cariad and supplier Bosch (ROBG.UL) announced the end of their joint autonomous driving project in a statement on Wednesday.Both partners will retain access to the jointly created intellectual property and data, and they can further develop the technologies indep…

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StocksDE
reuters

Portugal seeks investment commitments for Sines refinery in Moeve-Galp deal

By Sergio GoncalvesPortugal wants Spain's Moeve and Galp EURONEXT:GALP to invest in and commit to the long-term viability of the Sines refinery as part of the planned merger of their refining operations, the Portuguese Environment Minister said on Wednesday.Since January, Moeve and Galp have been n…

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StocksPT

Micron, GM sign semiconductor supply agreement for vehicles

Micron Technology NASDAQ:MU and General Motors NYSE:GM have signed a supply agreement for memory and storage platforms used in vehicle production, the companies said on Wednesday.The agreement comes at a time when automakers are looking to bolster their semiconductor supply chains to help with grow…

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StocksUS
NEWS reuters

Trump on financial disclosures: Everyone's profiting because stock market is up

President Donald Trump said on Wednesday he had nothing to do with his personal finances, a day after he reported more than $1.4 billion in income from his family's crypto ventures.He said many people are profiting because the U.S. stock market is up."I don't get involved ... We have funds that run…

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CryptoStocksUS
NEWS reuters

Africa CDC: Uganda health ministry confirms isolated Marburg case

Africa's top public health agency said on Wednesday that Uganda's health ministry had confirmed an isolated case of Marburg virus disease.The Africa Centres for Disease Control and Prevention added in a statement that Uganda said no contacts of the case had developed symptoms and there was currentl…

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