Private equity’s worst fundraising slump in a decade

Blackstone Group’s logo on display during the opening of the company’s new office in Singapore. Munshi Ahmed | Bloomberg | Getty Images Since the pandemic, private equity funds focused on Asia have struggled to raise money, as the industry sat on massive unsold assets and idle dry powder.  Signs of growing confidence began to emerge…

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Nikkei 225, Kospi, Hang Seng Index

A currency trader monitors exchange rates in a dealing room at the Korea Exchange Bank in Seoul Jung Yeon-je | Afp | Getty Images Asia-Pacific markets traded mixed on Thursday after Iran signaled it had no intention of holding direct talks with the United States, even as Tehran reviews an American proposal to end the…

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