Nigeria’s government is seeking a $1.5 billion loan from the World Bank to help fund its budget, Finance Minister Wale Edun said, as the International Monetary Fund welcomed recent government reforms and said it’s open to funding the West African nation.
As home to both the largest Jewish and Muslim communities in Europe, France is feeling the strain of the Israel-Hamas war like no other country on the continent.
When President Xi Jinping first assembled world leaders to map out his vision for expanding Chinese soft power via a web of infrastructure investment in 2017, he called the Belt and Road the “project of the century.”
Fidelity International has launched its first private lending fund with a loan to a Dutch dental services company.
China’s local authorities are finding it more expensive to sell bonds, the latest sign of rising stress as policymakers ramp up borrowings to stimulate growth and defuse short-term payment risks.
Poland’s opposition is on course for a majority after Sunday’s election, an upset that would deny the ruling nationalists a third term and see the country re-engage with the European Union.
Nomura Holdings Inc. plans to offer a private buyout fund to rich investors in Japan as part of Chief Executive Officer Kentaro Okuda’s strategy to expand beyond traditional asset markets.
India’s leading banks should underscore the resilience of Asia’s third-largest economy when they report this week, while the IT industry may confirm it remains under pressure.
Policymakers in Asia’s emerging markets are turning to unconventional tools to protect their currencies as fears over higher-for-longer US interest rates and rising global tensions drag down risk assets.
Copenhagen Infrastructure Partners closed two new funds at a combined €2 billion ($2.1 billion) to plow money into producing clean fuels and financing renewables projects.
