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Finance & Markets

Topix’s Biggest Ever Revamp to Cull Hundreds of Japanese Stocks

Japan Exchange Group Inc. is set to unveil the biggest-ever reshuffle of the Topix on Wednesday, a revamp that could shrink one of Asia’s broadest major equity benchmarks and intensify pressure on Japanese companies to boost their market appeal.

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

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Malawi: IMF Praises Malawi Reforms but Holds Off On New Financing Deal

[Nyasa Times] An International Monetary Fund team has concluded two weeks of talks in Malawi without reaching a final agreement on a new lending programme, though it praised the government's progress…

  • IMF visits Malawi for two weeks, concluding without new financing deal
  • Praises Malawi's economic reforms, fiscal discipline, and market functioning
  • Cautions about growth prospects due to climate shocks and tobacco demand decline

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