Japanese digital-wallet provider PayPay Corp. is guiding investors that it will price its US initial public offering at $16 per share, below its marketed range, people familiar with the matter said, ...

Holders of Ardagh Group SA’s credit default swaps are set for a payout worth 66% of face value following a debt restructuring ...

D.E. Shaw & Co.’s two main hedge funds made money last week when most of their larger multistrategy peers were bruised by the ...

Japan will release oil from its strategic reserves on its own, according to Prime Minister Sanae Takaichi, as the nation ...

The war in Iran will shift more travel demand out of the Middle East and into Europe as passengers remain wary about getting stuck by Gulf airlines hamstrung by airspace restrictions in their region, ...

Apollo Global Management Inc. is ramping up its efforts to give investors more regular insight into the value of its opaque private credit holdings, just as a spate of redemption requests from such ...

A Thai-flagged cargo vessel was struck near the Strait of Hormuz on Wednesday shortly after departing from the United Arab ...

Corporate credit markets are showing remarkable resilience in the face of geopolitical tensions and market volatility, with ...

US airlines were hoping for smooth flying this year after the disruption from President Donald Trump’s tariffs clipped ...

The Czech central bank can wait out a global surge in oil prices without raising interest rates because inflation will stay ...

As the Wall Street aphorism goes, narrative follows price. An asset moves, a story emerges to explain it, and investors ...

McAfee bought back about $287 million of unsecured notes at a discount, taking advantage of a software rout that hit its debt stack, according to people familiar with the situation. The privately-held ...