BlackRock caps redemptions from $26 billion private credit fund after investor withdrawals spike

BlackRock has restricted investor withdrawals from its $26 billion HPS Corporate Lending Fund (HLEND) after redemption requests surged beyond the usual threshold, underscoring mounting pressure in the $2 trillion global private credit market, Reuters reported.The move came after investors sought to withdraw $1.2 billion in the first quarter, equivalent to roughly 9.3% of the fund’s…

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Wall Street dips as US-Israeli strikes on Iran push oil higher; Dow Jones down 0.7%, S&P500 dips 0.5%

Wall Street opened lower on Monday as the US-Israeli military campaign against Iran escalated across the Middle East, sending oil prices sharply higher.About 20 minutes into trading, the Dow Jones Industrial Average was down 0.7 percent at 48,661.35. The S&P 500 lost 0.5 percent to 6,845.44, while the tech-heavy Nasdaq Composite fell 0.4 percent to…

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‘They took bold calls’: Irfan Pathan’s big verdict on Punjab Kings ahead of IPL 2026 | Cricket News

Punjab Kings (Getty Images) Former India all-rounder Irfan Pathan believes the Punjab Kings are finally “moving in the right direction” after making smart and bold decisions at the auction table, raising hopes of ending their long wait for an Indian Premier League (IPL) title.Speaking on IPL Today Live, Pathan highlighted how the franchise has shown…

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Salaried taxpayers alert! What is your year-end tax readiness? Check list of important documents & top things to keep in mind

With March 31, 2026, serving as the definitive cut-off, only those investments and expenditures completed on or before this date qualify for tax benefits. (AI image) As the financial year draws to a close, millions of salaried taxpayers across India enter a decisive phase. What was once a routine process of submitting investment proofs to…

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Nissan open to Honda tie-up for stronger India play; bets on AI-led ‘mobility intelligence’ for global growth: CEO Ivan Espinosa

Japanese auto major Nissan on Tuesday said the company is open to explore “options” and may look to work with compatriot Honda for a stronger play in India as the two companies work on strategies to strengthen operations in one of the world’s most high-potential car markets. The statement comes even as the company still…

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