Ethiopia asked the International Monetary Fund for a new extended credit facility arrangement, days after France and China co-chaired the first meeting for the nation’s major creditors.
The European Central Bank will discuss boosting its regular asset purchases once the pandemic-era emergency stimulus comes to an end, but any such increase is uncertain, Governing Council member Madis Muller said.
Nigeria raised $4 billion in a Eurobond sale that attracted offers of four times the amount the government initially planned to raise.
Japan’s Financial Services Agency issued a business improvement order to Mizuho Financial Group Inc. and its core banking unit following a series of system failures.
The chorus of emerging-market bears is getting louder as China Evergrande Group’s debt crisis turns a week already fraught with risks into a minefield.
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