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Turkish President Tayyip Erdogan is viewed as almost certain to include former economy chief Mehmet Simsek in his new cabinet, either as finance minister or as a vice president responsible for the economy, four senior officials said.
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Markets participants have a month to stop using Libor, the tarnished interest rate banks were fined for trying to rig, Britain's Financial Conduct Authority (FCA) said on Wednesday.
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South Africa's rand retreated on Wednesday, hovering near a record low hit in the previous session, as weak manufacturing data for China hit commodity currencies and the dollar rose on weakening European inflation.
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Nigeria has revised its tax-to-GDP ratio for 2021 to 10.86% from 6% following an adjustment to include revenues collected by other government agencies, the tax office chief said on Wednesday.
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A look at the day ahead in European and global markets from Vidya Ranganathan