Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

GENCO Bond Defaults: Credit, Market and Contagion Risks for Investors in Nigeria.

RISK MEMO. Prepared for: Institutional Investors, DFIs, Pension Funds and Asset Managers. EXECUTIVE SUMMARY. Financial distress among a number of read more GENCO Bond Defaults: Credit, Market and Contagion Risks for Investors in Nigeria.

GENCO Bond Defaults: Credit, Market and Contagion Risks for Investors in Nigeria.

We haven't written up this one. BusinessDay Nigeria has the full story — the link below goes straight to it.

Read the original at businessday.ng →

More in Finance & Markets

China, HK stocks decline as investors eye Unitree IPO; property sector weighs

HONG KONG: China and Hong Kong stocks fell on Friday, pressured by weakening liquidity ahead of robot maker Unitree’s high-profile Shanghai IPO and contraction in property stocks. China’s blue-chip CSI300 Index edged down 0.1% by the lunch break, while the Shanghai Composite Index dipped 0.2%. Hong Kong benchmark Hang Seng declined 0.9%.

Australian shares fall as weaker metal prices weigh on miners

Australian shares fell on Friday as weaker metal prices weighed on mining stocks, offsetting gains in technology shares, while investors monitored developments in the US-Iran standoff over the Strait of Hormuz. The S&P/ASX 200 index lost 0.7% to 9,128.50 by 0028 GMT, on track for its largest weekly drop in nearly four months.

More from Friday 14 August →