Karin Strohecker News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Ghana and its bondholders will restart talks next week to hash out a debt restructuring deal on $13 billion of international bonds, four sources told Reuters, on the heels of a deal finalised with official creditors earlier this week. Ghana, a gold and cocoa producer, defaulted on most of its $30 billion in external debt in 2022, weighed by the COVID-19 pandemic, the war in Ukraine and rapid global interest rate hikes that boosted borrowing costs. It had kicked off formal talks with two groups of bondholders in mid-March - a group of Western asset managers and hedge funds and another one inc...

By Marc Jones LONDON (Reuters) - A clobbering for South Africa's, Mexico's and even India's heavyweight markets in recent days has proved without doubt that politics can still deliver an unexpected uppercut in big emerging economies. Mexico's peso ...

Mexican peso, stocks tumble on fears of ruling coalition super-majority in Congress

Saudi Arabia and its bankers will on Sunday morning start taking orders for as much as $13.1 billion worth of shares in its energy giant Aramco, in a major test of international investor interest in...

Nigeria will launch a diaspora bond in the third quarter, the country's Finance Minister Olawale Edun told Reuters, and said the government was still committed to abolishing fuel subsidies. ... -May 31, 2024 at 07:00 am EDT - MarketScreener