U.S. Dollar Slides for Third Straight Week as Rate Cut Expectations Boost Euro and Pound 
Indonesia–U.S. Tariff Talks Near Completion as Both Sides Push for Year-End Deal 
Japan Business Sentiment Hits Four-Year High, Boosting Expectations of BOJ Rate Hike 
Asian Stocks Slide as Central Bank Decisions and Key Data Keep Investors Cautious 
Oil Prices Rebound in Asia as Venezuela Sanctions Risks Offset Ukraine Peace Hopes 
Fed Rate Cut Signals Balance Between Inflation and Jobs, Says Mary Daly 
BOJ Expected to Deliver December Rate Hike as Economists See Borrowing Costs Rising Through 2025 
Asian Stocks Rally as Tech Rebounds, China Lags on Nvidia Competition Concerns 
Wall Street Futures Dip as Broadcom Slides, Tech Weighed Down Despite Dovish Fed Signals 
S&P 500 Slides as AI Chip Stocks Tumble, Cooling Tech Rally 
Gold Prices Slip Slightly in Asia as Silver Nears Record Highs on Dovish Fed Outlook 
Modi and Trump Hold Phone Call as India Seeks Relief From U.S. Tariffs Over Russian Oil Trade 
Dollar Struggles as Markets Eye Key Central Bank Decisions and Global Rate Outlooks 
Fed Near Neutral Signals Caution Ahead, Shifting Focus to Fixed Income in 2026 
South Korea Extends Bond Market Stabilization Measures Amid Rising Financial Risks 
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.
