Emerging & Frontier Markets
Central Bank Governor Out As Nigeria Shifts To Floating Exchange Rate
The move, which economists deem positive, is a prelude to needed monetary reform.
News
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Economics, Policy & Regulation
Arab League Hears Pitches For Multipolar Politics
Syria returns to the Arab League as Ukrainain PresidentVolodymyr Zelenskyy asks Arab nations to use their ties with Russia to end the war in Ukraine.
Technology
Brazil And Visa Test Digital Currency For Financing Farmers
By providing a secure platform for tokenizing traditional financing documents into “on-chain” tradable nonfungible tokens, Visa’s solution will enable farmers to receive loans with customized terms.
Transaction Banking
China: Price War Among Cloud Providers A Boon To Buyers
The pricing moves come as China’s economy makes a cautious recovery following the relaxation of strict Covid-19 restrictions.
Emerging & Frontier Markets
Ethiopia: New Bourse Promises To Unlock The Economy
Ethiopiahas embarked on a roadshow to sell shares in the Ethiopia Securities Exchange as part of its attempt tobuild a diversified and vibrant economy.
Economics, Policy & Regulation
Hong Kong: E-Currency Pilot To Pave Way For Broad Consumer Use
Sixteen banks and payment firms are involved in a trial using the “e-HKD,” including the three note-issuing banks—HSBC, Standard Chartered and the Bank of China (Hong Kong).
News
Japanese, South Korean Leaders Meet But Normalization Remains Elusive
Japanese Prime Minister Fumio Kishida and South Korean President Yoon Suk Yeol visited a memorial to Koreans killed when the first atomic bomb was dropped on the city 78 years agoyet fully normal diplomatic ties between Tokyo and Seoul still appear to be a long way off.
News
Kenya: Economic Turmoil Awaits New Central Bank Governor
The new Central Bank of Kenya governorKamau Thugge brings with him a stellar résumé of previous experience in government and 25 years at the IMF.
News
PRESS RELEASE: World’s Best Sub-custodian Bank Awards 2023
Global Finance Names the World's Best Sub-custodian Banks 2023 Global Finance has announced its selections for the 21st annual Best Sub-custodian Bank Awards in seven regions and more than 80 countries, territories & districts. A full report on the selections ...
Capital Raising & Corporate Finance
CFOs Wanted: Startups Lack Strong Financial Hands
Many startups were unableto access their funds during SVB's demise in part because they lacked CFOs.
Capital Raising & Corporate Finance
China: IPOs Surge Under New Listing Rules
The new rules—which debuted in Shanghai and Shenzhen last month—are aimed at speeding up listings and boosting corporate fund-raising.
Economics, Policy & Regulation
Finland: Orpos Uphill Path To A New Government
Finland’s conservative National Coalition Party came first in elections but fell short of the majority needed to form a government on their own.