Norway’s sovereign wealth fund was a key investor in an initial public offering underwritten by Tera Yatirim Menkul Degerler AS just two months before the brokerage firm became the center of the bigge...

Buying emerging-market currencies against the dollar this year has delivered some of the most attractive returns of the decade, and according to Citi’s head of strategy, the trade still has further to...

One of Turkey’s largest conglomerates is planning to sell assets and lay off staff to ease concern about its $4.9 billion debt burden, underscoring the challenges local companies face from sky-high bo...

Aberdeen Group PLC and hedge fund Mesarete Capital LLP are considering joining a group of overseas creditors negotiating next steps for holders of Lebanon’s sovereign bonds, according to people famili...

Pacific Investment Management Co. trimmed its holdings of Turkish bonds last month amid the selloff sparked by the arrest of President Recep Tayyip Erdogan’s top political opponent.

Turkish bonds and stocks rebounded as top economic officials sought to reassure foreign investors about last week’s detention of Istanbul Mayor Ekrem Imamoglu, a move that triggered billions of dollar...

When Wall Street banks and hedge funds gathered in Istanbul last Wednesday with a top Turkish economist, they were prepared to hear about the country’s improved stability. Then they glanced at their p...

Turkish authorities arrested dozens of suspects, including BankPozitif chairman Erkan Kork, after seizing the boutique bank in a sweeping crackdown on illegal online betting.

Deutsche Bank AG has hired at least four traders and salespeople from Jefferies Financial Group Inc. as the German bank looks to expand its business in trading emerging-market credit, according to peo...

A newly reshaped group of bondholders is engaging financial advisers for potential debt negotiations with Lebanon, as investors grow more optimistic about reaching a quicker deal.

Goldman Sachs Group Inc. and JPMorgan Chase & Co. are among banks that have been acting as brokers to facilitate growing investor demand for ways to trade Russian-related assets.

Spanish lender Banco Bilbao Vizcaya Argentaria SA is in talks with Angola’s government to provide a loan of as much as $1 billion, according to people with direct knowledge of the matter.

Brussels has slavishly followed Washington for too long—and forgotten how to advance its own geopolitical interests.

Institutions across Balkan nation help maintain supply of doctors and dentists in Britain

German utility Steag Power GmbH is looking to sell its biggest coal-fired plant, as it phases out burning the dirtiest fossil fuel, according to people with knowledge of the matter.

Emerging-market investors are beginning to question how much more upside exists in Ukraine’s bonds as NATO allies begin to clash over the nation’s future.

European officials are working on a major new package to ramp up defense spending and support Kyiv as President Donald Trump pushes for a quick end to the war in Ukraine.

Turkey’s biggest refiner is restricting its purchases of Russian oil and fuels to avoid falling foul of US sanctions, the latest customer to show wariness in dealing with Moscow following the measures...

President Claudia Sheinbaum said US tariffs on Mexico would be delayed for one month after a conversation with Donald Trump on Monday.

Mexican President Claudia Sheinbaum said she will announce early Monday the details of her government’s “Plan B” to defend the country against US tariffs.

Emerging-market currencies sold off Monday against the dollar, with the Mexican peso leading the slide, after US President Donald Trump imposed tariffs on some of America’s biggest trade partners.

Turkey’s sovereign wealth fund is considering buying the minority stake in Turkcell Iletisim Hizmetleri AS held by LetterOne Holdings SA, which is partly-owned by sanctioned Russian billionaires Mikha...

A senior Turkish central banker told international investors this week that authorities expect to intervene less in the foreign-exchange market over time, according to people familiar with the discuss...

China could allow its yuan to depreciate by as much as 10-15% in response to any trade wars unleashed by President-elect Donald Trump, according to JPMorgan Chase & Co.

Fresh US sanctions against Russian banks have caused a further slide in the ruble, putting at risk some of the last channels of direct foreign-currency flows into the country.

Investors are underestimating trade war risks under a Donald Trump presidency, according to strategists at Bank of America Corp. who predict a 5% slide in emerging-market currencies over the first hal...

Kenya plans to draw down on a $1.5 billion loan agreed with Abu Dhabi in tranches to remain within borrowing thresholds set in an International Monetary Fund program, according to people familiar with...

The cost of borrowing Turkish liras overnight in the offshore market spiked above 50% for the first time since early September as traders exited some of their so-called carry positions amid currency l...

Turkey’s lira depreciated on Monday as state lenders abstained from aggressively defending the exchange rate and traders responded by unwinding some carry trades, according to people familiar with the...

The Thai baht is poised to become one of the most vulnerable emerging market Asian currencies as Donald Trump returns to the White House, given the country’s heavy reliance on trade.

The bold bet from the likes of Citigroup Inc. and JPMorgan Chase & Co. that the Federal Reserve will slash interest rates by a half-percentage-point this month faces its biggest test yet from Frid...