African governments are increasingly turning to unconventional borrowing strategies, as high global interest rates and volatile currencies keep many shut out of traditional dollar funding markets, according to Citigroup Inc.
JPMorgan Chase & Co. spent hundreds of millions of dollars over the course of more than a decade developing systems using blockchain, a novel technology that was supposed to radically upend financial markets, but has yet to become a game-changer.
Circle Internet Group Inc.’s first-quarter revenue increased 20% while net income declined, as ongoing volatility in cryptocurrency markets roiled earnings from companies across the industry at the start of the year.
British International Investment intends to tap £7 billion ($9.45 billion) held by insurers, pension and sovereign wealth funds as co-investment into various projects globally over the next five years.
Argentina’s credit score was upgraded by Fitch Ratings, signaling growing confidence in President Javier Milei’s push to overhaul the economy and secure financing to cover the country’s upcoming debt obligations.
For more than 50 years, public companies in the US have been required to report earnings on a quarterly basis. That would change if a proposal by regulators allowing twice-yearly financial disclosures is adopted.
Japan can conduct only two more sessions of three-day interventions by November if it wants to maintain its status of having a freely floating exchange rate, based on International Monetary Fund guidelines.
