Private credit stress test as higher rates squeeze borrowers

Higher-for-longer interest rates were once heralded as an attractive yield driver for private credit investors, but industry professionals say tighter monetary policy is becoming the sector’s next major stress point. Global central banks are grappling with renewed inflation pressures, following the energy squeeze caused by the Middle East war, which is raising the prospect of…

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China trade data: imports, exports soar

NANJING, CHINA – JULY 09: Aerial view of new energy vehicles waiting for shipment at Longtan Port Area of Nanjing Port on July 9, 2026 in Nanjing, Jiangsu Province of China. Yang Suping | Visual China Group | Getty Images China’s trade growth accelerated far more than expected in June, as booming global demand for…

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Singapore’s economy expands 5.7% in the second quarter, beating expectations

Commercial buildings illuminated at dusk in Singapore, on Monday, Feb. 2, 2026. Photographer: SeongJoon Cho/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Singapore’s economy expanded 5.7% in the second quarter, topping market expectations, on the back of strong growth in the manufacturing sector. Growth was higher than the 5.5% expected by economists polled…

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Chinese humanoid startups are rushing to list

Humanoid robot startup LimX Dynamics shows off its products at its Shenzhen, China, office on July 3, 2026. Evelyn Cheng | CNBC BEIJING — Humanoid startup LimX Dynamics is getting ready to go public, just over four years after it was founded during the pandemic. “Listing is a must,” said founder Will Zhang, emphasizing the…

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3 things you need to know about cyclospora

A parasitic infection called cyclospora, often transmitted through contaminated food or water, is spreading across the U.S. The Centers for Disease Control and Prevention reports at least 843 cases of the illness — which can cause weeks of watery diarrhea, as a primary symptom — and 86 hospitalizations, as of July 9. The country’s numbers…

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Chipotle opening first restaurant in Mexico

Chipotle restaurant sign on exterior of a building under clear blue sky, Pleasant Hill, California, April 16, 2026. Smith Collection | Gado | Archive Photos | Getty Images Fast casual chain Chipotle is set to open its first restaurant in Mexico this week, the company announced on Monday. The store will open on Thursday in…

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Waller says Fed shouldn’t ‘fight the last war’ on inflation but warns hikes still possible

Christopher Waller, governor of the US Federal Reserve, during the Federal Reserve’s Payments Innovation Conference in Washington, DC, US, on Tuesday, Oct. 21, 2025. Aaron Schwartz | Bloomberg | Getty Images Federal Reserve Governor Christopher Waller on Monday expressed concern about inflation but cautioned against “fighting the last war,” saying the central bank should wait…

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