JPMorgan says Strategy Inc.'s stock has already priced in the risk of exclusion from major equity benchmarks, casting the upcoming MSCI decision as a potential upside catalyst, even though a removal would still prompt passive outflows.
India's DMI Alternatives raised $120 million for its inaugural private credit fund and hired former Ontario Municipal Employees Retirement System investor Harein Uppal to lead it.
The International Monetary Fund's head of mission to Zambia is set to take up the same role for Senegal early next year, overseeing a country facing a financial crunch after uncovering billions of previously undisclosed state borrowing.
Algeria plans an Islamic bond sale in early 2026, a parliamentary document showed -- a rare issuance of debt for the OPEC member that's typically relied on robust energy revenue.
Germany has begun preliminary discussions with potential investors - including Abu Dhabi National Oil Co. - about a deal to buy the trading unit of SEFE, as the government looks at options for the future of the nationalized energy company.
WPP Plc's residency in the UK's premier stock index is ending after a client exodus and fears over competition from artificial intelligence pushed the group's shares to their lowest level in more than two decades.
Some of the largest banks are working with Coinbase Global Inc. on pilots surrounding stablecoins, custody and trading, the cryptocurrency exchange's chief executive officer said on Wednesday.
The passage of landmark stablecoin legislation in the US is supercharging the debate on Wall Street over the digital assets' true potential for boosting the dollar and becoming a meaningful source of demand for short-dated Treasuries.