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Curated by Brunswick

Here’s Why the Bank of Canada Is Worried About the Rise of Private Credit

The Bank of Canada is carefully watching the rise of an alternative credit model that has Canadian investors and banks exposed to half a trillion dollars of loans held largely beyond the public eye. The concern revolves around private credit, which doesn’t have a universal definition but broadly involves businesses taking out loans from non-bank [...]

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Inflation Data and RBA Minutes to Reveal Rates Clues

A crucial inflation reading will be the focus of a big week in economics that could rule out or keep alive the chance of more Reserve Bank rate hikes. After easing in June, inflation figures on Wednesday are set to show fuel prices bounced back in July. ANZ Bank economists Madeline Dunk and Jasmine Zheng […]

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India Launches Rescue Operation as Bulk Carrier Sinks Off East Coast

India’s maritime rescue agency lost communication on Saturday with a Panama-flagged cargo vessel that sank off the coast of eastern India, the Indian Coast Guard said. The vessel had 24 crew on board, including 20 Chinese nationals, three Myanmar nationals and one Bangladeshi, according to Commandant Amit Uniyal, a spokesperson for the Coast Guard. The […]

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