Iceland Takes Surprise Rate-Hike Breather After 14 Straight Increases
Iceland’s central bank unexpectedly kept western Europe’s highest borrowing costs on hold as two and a half years
2023-10-04 17:45
Barclays, StanChart Plan Bankers’ Return to COP28 Climate Summit
The world’s top bankers and investors mostly stayed away from last year’s United Nations climate conference in the
2023-10-04 14:54
Morgan Stanley Turns Bearish on Egypt, Warns Risks Building
Morgan Stanley is turning bearish on Egypt as the cash-strapped nation faces what the US bank called “mounting
2023-10-03 15:15
Vietnam Aims for 6% Growth This Year in Best-Case Scenario
Vietnam’s government is pushing for economic growth of about 6% this year, with Prime Minister Pham Minh Chinh
2023-09-30 22:55
Coup No One Saw Coming in Gabon Redraws African Frontier Markets
The coup in Gabon that ousted a key French ally in Africa shook up bond investors by destabilizing
2023-09-29 12:52
Copper-Tax Dive, Debt-Deal Delay Pose Budget Quandary for Zambia
Zambia’s Finance Minister Situmbeko Musokotwane needs to reassure investors that Africa’s second-largest copper producer is on a path
2023-09-29 12:52
Falling Beer Sales Show Growing Risk for Vietnam’s GDP
Vietnam’s sluggish economy is hitting many where it hurts the most: their thirst for beer. Tipplers in this
2023-09-29 09:15
China Kicks Off $137 Billion Plan to Tackle LGFV Debt Risk
China has begun a program to allow local governments to swap so-called “hidden” debt for bonds carrying lower
2023-09-28 10:59
Latin American Bank Turns to Asia, Middle East for Fresh Capital
Corporacion Andina de Fomento, a Latin American development bank that will lend over $14 billion this year, is
2023-09-23 07:51
Egypt Keeps Rates on Hold After Inflation Shows Signs of Slowing
Egypt kept interest rates unchanged amid signs of softening inflationary pressures, likely refraining from further monetary tightening until
2023-09-22 14:16
Signs of Egypt’s Inflation Slowing Point to Rate Hold
Signs that record Egyptian inflation is finally starting to slow may prompt the central bank to keep interest
2023-09-21 13:51
Best-Performing Africa Currency Gets a Boost From Gambia Tourism
Gambia’s currency is poised to extend its run as Africa’s best-performing currency this year, supported by stronger remittance
2023-09-21 13:46