Australia’s corporate regulator is boosting supervision of the private credit industry by requesting more detailed data from funds on a weekly basis as scrutiny grows on the $1.8 trillion industry worldwide. In a questionnaire sent this week to private credit fund managers, the Australian Securities & Investments Commission asked for data on key metrics such as defaults, redemption requests, the c...
Australia’s corporate regulator is boosting supervision of the private credit industry by requesting more detailed data from funds on a weekly basis as scrutiny grows on the $1.8 trillion industry worldwide. In a questionnaire sent this week to private credit fund managers, the Australian Securities & Investments Commission asked for data on key metrics such as defaults, redemption requests, the composition of retail and wholesale investors, liquidity and leverage, said people familiar with the matter who asked not to be named discussing private information. ASIC has asked for the data to be submitted every Thursday for the next six weeks, one of the people said. “We are increasing supervision and surveillance of private markets and enforcing compliance with financial services laws to support confident and informed participation, investor protection and market integrity,” an ASIC spokesperson said in an emailed statement. ASIC’s ratcheting up of its months-long inquiries into the roughly A$200 billion ($138 billion) domestic private credit market comes as access to liquidity and the risk of technological disruptions pressure the industry in other parts of the world. Two managers in the US, Ares Management Corp. and Apollo Global Management , blocked investors this week from getting their money out of some funds. Listen and follow The Bloomberg Australia Podcast on Apple , Spotify , on YouTube , or wherever you get your podcasts. Elsewhere in the Asia Pacific, regulators are increasing oversight of the fast-growing industry, which has attracted high net worth individuals and retail investors seeking more attractive returns. The Hong Kong Monetary Authority has contacted private banks about the private credit funds they distribute and the scale of those exposures, while South Korea’s financial watchdog has been in close communication with local brokerages and financial firms to monitor risks. Some of the highest-profile executives in private credit said at a conferenc...
Japan will allow more use of coal-fired power plants in an effort to boost security of supply to cope with the energy shock from the war in the Middle East. The country will let less-efficient coal facilities take part in capacity market auctions in the fiscal year starting in April, according to documents from a panel meeting at the trade ministry on Friday. Such plants had been restricted from t...
Japan will allow more use of coal-fired power plants in an effort to boost security of supply to cope with the energy shock from the war in the Middle East. The country will let less-efficient coal facilities take part in capacity market auctions in the fiscal year starting in April, according to documents from a panel meeting at the trade ministry on Friday. Such plants had been restricted from the auctions — where generators sell supply — to tackle climate change. Japan is joining other nations that have shifted course to use the dirtiest fossil fuel more in the wake of of the war. The effective closure of the Strait of Hormuz and the shutdown at the world’s largest liquefied natural gas plant in Qatar have left Asian nations that are heavily reliant on Middle Eastern energy vulnerable. Read More: Asia Braces for Worst-Case Oil Scenario as Iran War Drags On South Korea is also considering more flexible use of coal power if deliveries of LNG are disrupted. Soaring gas prices are also pushing European countries to rely more on the fossil fuel for electricity generation. Coal accounted for the largest share of Japan’s power generation in 2024 and in the previous two years, according to data compiled by BloombergNEF. The proposal presented on Friday will offset about 500,000 tons of LNG use, the trade ministry said in the document. Increasing coal-fired power will also help insulate Japan from uncertainty over oil imports, which is occasionally used for backup generation. Japan relies on the Middle East for more than 90% of its oil, with most going to the transport and industrial sectors. Around 64% of coal imported into Japan came from Australia in 2023, according to data from the trade ministry. While Japan has limited exposure to the Middle East when it comes to LNG, the government will work with the private sector to monitor its inventories of the fuel regularly, the trade ministry said. The government may step in to help coordinate LNG sharing between utilities i...
angkhan/iStock via Getty Images By Zain Vawda GBP/USD edged its way lower on Thursday as hopes of a ceasefire in the Middle East came under strain. Mixed reports and comments from both sides saw markets adopt a cautious approach, with the USD gaining a bid as a result. Late in the day President Trump announced the delay of Iran's energy plant destruction by ten days, until April 6 at 08:00 PM East...
angkhan/iStock via Getty Images By Zain Vawda GBP/USD edged its way lower on Thursday as hopes of a ceasefire in the Middle East came under strain. Mixed reports and comments from both sides saw markets adopt a cautious approach, with the USD gaining a bid as a result. Late in the day President Trump announced the delay of Iran's energy plant destruction by ten days, until April 6 at 08:00 PM Eastern Time. President Trump emphasized that talks between Washington and Tehran are going "very well" and he decided to pause at the request of the Iranian Government. Trump’s previous deadline was Friday, with the question now being whether this is genuine or another ruse ahead of the weekend? Source: TruthSocial Markets may remain concerned that the US could mount a ‘sneak attack’ over the weekend with defensive positioning, and haven demand likely to catch a bid as a result. Such a scenario could weigh on GBP/USD. What do the technicals say? Looking at the technical picture and on the H1 chart below, GBP/USD has edged its way lower since printing a fresh high around 1.34800 on March 23. There is a bull flag pattern in play on the H1 chart with a breakout leading to a potential 100-pip rally to the upside. Such a move does face challenges though, as price is currently trading near 1.3333, sitting just below the 200-period Simple Moving Average ( SMA ). There is also the 100 SMA (blue), which is currently above the 200 SMA (Black) at around the 1.3372 handle. Both of these MAs will need to be cleared first if a rally higher and breakout of the bull flag pattern are to materialize. If the price remains below the 200 SMA (black line) and breaks the 1.3320 support, expect a move toward the YTD low of 1.3223. GBP/USD Daily Chart, March 26, 2026 Source: TradingView UK retail sales to serve as a catalyst? Early on Friday, UK retail sales data is due in what is otherwise a rather quiet day on the economic calendar front. Market consensus is for a -0.8% MoM print, with the YoY print...
NEW YORK, March 26, 2026 (GLOBE NEWSWIRE) -- LockedIn AI has seen a surge of early-career candidates turning to real-time interview assistance — not as a shortcut, but as a survival strategy in a job market that has left them with almost no margin for error. The class of 2025 watched their older siblings get hired at Meta, Amazon, and Google — only to be shown the door months later. They saw 245,0...
NEW YORK, March 26, 2026 (GLOBE NEWSWIRE) -- LockedIn AI has seen a surge of early-career candidates turning to real-time interview assistance — not as a shortcut, but as a survival strategy in a job market that has left them with almost no margin for error. The class of 2025 watched their older siblings get hired at Meta, Amazon, and Google — only to be shown the door months later. They saw 245,000 tech workers lose their jobs in 2025 and another 59,000 in just the first three months of 2026. A
Market Snapshot USD/INR ₹93.98 +0.1% Nifty 50 Index 23,306.45 +1.7% India 10-Year Bond Yield 6.86% -0.01 Spot Gold ($/oz) $4,430.29 +1.2% S&P 500 Futures 6,546.75 +0.3% Market data as of 08:14 AM IST, Mar. 27, 2026, or the previous close for Indian markets. Data is subject to provider delays. Good morning... I’m Savio Shetty, bringing your daily markets update as we wrap up another week dominated ...
Market Snapshot USD/INR ₹93.98 +0.1% Nifty 50 Index 23,306.45 +1.7% India 10-Year Bond Yield 6.86% -0.01 Spot Gold ($/oz) $4,430.29 +1.2% S&P 500 Futures 6,546.75 +0.3% Market data as of 08:14 AM IST, Mar. 27, 2026, or the previous close for Indian markets. Data is subject to provider delays. Good morning... I’m Savio Shetty, bringing your daily markets update as we wrap up another week dominated by war-related headlines. Investors have little to cheer as markets reopen after Thursday’s public holiday. Asian stocks are down for a second straight day, tracking a selloff on Wall Street, as the Iran war continues to weigh on sentiment. Brent is trading higher than Wednesday’s close and Goldman Sachs has downgraded Indian stocks to market-weight from overweight, just days after a similar move by UBS Global Wealth. All of this suggests the upbeat mood in local markets before the holiday — the Nifty surged nearly 4% over two sessions through Wednesday — is unlikely to last. Focus will be on whether the Nifty can hold on to the gains seen earlier in the week and stay above the 23,000 mark — a key level seen as crucial to sustaining the recent recovery. In today’s newsletter, we write about: Bernstein’s mostly likely outcome for Nifty WhiteOak’s approach amid a volatile market The earnings outlook for asset managers But first, a rare March setback for the rupee. Markets Buzz: Rupee’s March Slump The rupee is set for its worst March since the pandemic, hit by rising oil prices and large foreign fund outflows. It would also be only the third March decline in the past 25 years. The rupee typically appreciates at this time of the year as exporters convert earnings into local currency and gold imports tend to decline after the end of the festivals and wedding season. For currency traders, the breakdown of this pattern points to underlying weakness , with the oil shock and outflows negating the seasonal support. While exporter dollar sales may offer some near-term relief in the l...