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Market News

September 22, 2021
Nigeria Sells $4 Billion of Eurobonds on Investor Demand Surge
Nigeria raised $4 billion in a Eurobond sale that attracted offers of four times the amount the government initially planned to raise.
September 22, 2021
Mauritius to Inject $282 Million to Revive National Airline
Mauritius government is set to reimburse 9.5 billion rupees ($223.5 million) to creditors of the state-owned airline and provide an additional 2.5...
September 22, 2021
Mizuho Gets Improvement Order From FSA After System Failures
Japan’s Financial Services Agency issued a business improvement order to Mizuho Financial Group Inc. and its core banking unit following a series...
September 22, 2021
Turkey Considers Extending Tax Incentives to Support Lira
Turkey’s government will likely extend a tax incentive offered on lira deposit accounts to support the currency, according to people with direct...
September 22, 2021
Malaysia to Seek China’s Views on Australia’s Nuclear Subs Deal
Malaysia will seek China’s view on a security pact that helps Australia acquire nuclear-powered submarines amid concerns of regional instability,...
September 22, 2021
Icade Sante, Holders Seek as Much as $1 Billion in Paris Listing
Health-care property company Icade Sante SAS and its holders are seeking as much as 902 million euros ($1.05 billion) in a Paris initial public...
September 22, 2021
Pakistan’s Fintech TAG Raises Funds at $100 Million Valuation
Fintech startup TAG Innovation Pvt. received $12 million from investors including New-York based Liberty City Ventures and Canaan Partners in its...
September 22, 2021
BP Traders Lost $100 Million in 2015 ‘Debacle,’ Lawsuit Says
BP Plc’s traders lost $100 million in a “debacle” of a deal with a West African commodities firm, according to details from an London...
September 22, 2021
VW’s Truck Unit Expects Significant Sales Hit From Chip Shortage
Volkswagen AG’s truck division Traton SE became the latest manufacturer to warn the global shortage of semiconductors chips has jeopardized its...
September 22, 2021
Handelsbanken Plans $1 Billion Extra Payout After FSA Thumbs Up
Handelsbanken AB, Sweden’s third-largest bank, plans to distribute a stake worth about 8.7 billion kronor ($1 billion) in investment company...