Bank of Japan Poised for Historic Rate Hike as Inflation Pressures Persist 
Asian Currencies Trade Sideways as Dollar Weakens Ahead of Key U.S. Data 
South Korea Extends Bond Market Stabilization Measures Amid Rising Financial Risks 
New Zealand Budget Outlook Shows Prolonged Deficits Despite Economic Recovery Hopes 
Global Markets Slide as Tech Stocks Sink, Yields Rise, and AI Concerns Deepen 
Gold Prices Slip Slightly in Asia as Silver Nears Record Highs on Dovish Fed Outlook 
Oil Prices Slip in Asia as 2026 Supply Glut Fears and Russia-Ukraine Talks Weigh on Markets 
S&P 500 Slides as AI Chip Stocks Tumble, Cooling Tech Rally 
Russia Stocks End Flat as Energy and Retail Shares Show Mixed Performance 
China’s November Economic Data Signals Slowing Industrial Output and Weak Consumer Demand 
Wall Street Futures Slip as Tech Stocks Struggle Ahead of Key US Economic Data 
Korea Zinc Plans $6.78 Billion U.S. Smelter Investment With Government Partnership 
Asian Technology and Chipmaking Stocks Slide as AI Spending Concerns Shake Markets 
Ireland Limits Planned Trade Ban on Israeli Settlements to Goods Only 
Oil Prices Rebound as U.S.-Venezuela Tensions Offset Oversupply Concerns 
Bank of Korea Downplays Liquidity’s Role in Weak Won and Housing Price Surge 
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.
