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Oil

Commodities washout hits Carlyle Group: Report

The Carlyle Group, one of the top private equity firms on Wall Street, has seen one of its funds sustain hefty losses because of the washout in raw materials, the Wall Street Journal reported late Friday.

Singapore

Former UBS currency strategists resurface

Mansoor Mohi-uddin, UBS Group AG’s former global head of foreign-exchange strategy, and Gareth Berry, who worked with him at the Swiss bank, began new roles at two different firms in Singapore Monday.