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US stock exchange Nasdaq has decided not to delist the Russian tech giant Yandex NV from its New York exchange, provided the company completes plans to sell off all its Russian assets, the company announced on June 8.
Upcoming IPO to be the largest in the history of Romania's capital market.
The Digital Intelligence Index (DII) put together by specialist Emerging and Frontier market investment fund Sturgeon Capital provides insights into the potential for fintech investments in emerging and developing markets.
Czechia, Estonia and Slovakia are planning budget cuts at a time when interest rates are still painfully high and many economies have yet to emerge from recession.
The sector is bracing for more losses in 2023, according to the retail association OKSZ.
Poland's Purchasing Managers' Index gained 0.4 points to 47 in May (chart), beating expectations, the economic intelligence company S&P Global said on June 1.
For the first time in six months, companies expanded staffing levels.
Croatian investment group is already preparing a major investment cycle focused on developing renewable energy.
The government slapped a 13% tax on savings and set minimum levels for investment funds' holdings of government bonds. Banks can also cut windfall tax if they increase purchases of local government bonds.
It has been well over a year since the Warsaw Stock Exchange last saw an IPO.
Czech private investment group estimated to have paid some €750mn for the stake.
Growth lost momentum from March, but hike in foreign currency loans prompted central bank warning.
Kazakhstan was the world's largest uranium-producing country in 2022, accounting for 43% of uranium supply, according to data published by the World Nuclear Association ...
Warsaw-listed fertiliser maker Azoty suffered a PLN555mn (€122.8mn) net loss in the first quarter
Kenya’s sovereign bond index at the distressed 1,000 basis point spread over US treasuries enjoyed a brief reprieve from unrelenting gloom, as IMF managing director Kristalina Georgieva declared it an innocent bystander in sub-Sahara default panic.
The Uzbek government is planning to privatise several state-owned enterprises by floating their shares on the Tashkent Stock Exchange (TSE) and has turned its attention to getting them ready, but the market remains narrow and shallow.
Lira hits latest record low and cost of insuring debt soars. New data, meanwhile, shows central bank burnt through $17bn in weeks before polls attempting to prop up economy.
Legislative change will make it easier for the state to split the power company up and nationalise nuclear division.
Countries outside the US/UK/Europe bloc are leaving the dollar-based trade community at a rate which has begun to alarm US geopolitical strategists, and neocons in particular.