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Zimbabwe signs up for $600mn credit line from Afreximbank

Bloomberg Zimbabwe will access a $600 million credit line from African Export-Import Bank in an effort to stave off a foreign-currency shortage that’s afflicted importers of everything from food to fuel. The southern African nation needs the assistance “especially during the foreign-exchange drought, which runs from October to February next year,” Finance Minister Patrick Chinamasa said at a ceremony Saturday ...

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BOJ goes from stopping advance in yields to battle decline

Bloomberg After spending a year trying to prevent benchmark yields from rising above zero percent, the Bank of Japan (BOJ) now faces the challenge of stopping them from falling too low. Japan’s 10-year yield has gone from a one-year high in February to slipping below the BOJ’s targeted zero percent level earlier this month amid a bout of global risk ...

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Saxo Bank to support fintech environment in Copenhagen

Emirates Business In September Saxo Bank celebrates it 25 year anniversary and boosts its journey from an early online trading pioneer to a leading facilitator of global capital market access by becoming sponsor of Copenhagen Fintech Lab. Together with Copenhagen Fintech Lab Saxo are opening the door to connect and foster relationships with Fintech startups on a global scale. Saxo ...

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