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Iran Strikes Oil Tanker Near Dubai Amid U.S. Threats and Ongoing Middle East Conflict 
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South Korea's Exports Hit Record High in March on AI-Driven Chip Demand 
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WTO Ministerial Collapse Leaves Global Digital Trade Rules in Limbo 
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Bessent: Global Oil Market Well Supplied as U.S. Eyes Hormuz Navigation Control 
Canada's Economy Grows Modestly in January 2025, Driven by Energy and Construction 
South Korea Manufacturing PMI Hits 4-Year High in March 2025 Driven by Semiconductor Demand 
Oil Prices Surge to Record Monthly Highs as Middle East War Rattles Global Markets 
U.S. Trade Rep Dismisses WTO's Future Role After Failed Cameroon Summit 
South Korea's $17.3 Billion Emergency Budget Targets Oil Price Surge 
Asian Stocks Mixed in March 2026 Amid Iran War Fears and Tech Selloff 
U.S. Stock Futures Surge After WSJ Report on Trump's Iran War Exit Strategy 
A Major Acquisition in Asset Management
Ares Management is set to acquire GLP Capital Partners' operations outside of China, according to a Bloomberg report. The official announcement is expected soon, potentially as early as Tuesday.
Deal Details and Valuation
The deal could reach up to $5 billion in total value, with an initial payment of approximately $3.5 billion. Additional payments will depend on hitting certain performance targets over time.
Strategic Move for Ares
This acquisition will significantly expand Ares Management’s global footprint, reinforcing its position as a leading player in the asset management industry. Both companies have not yet responded to requests for comment.
