Bloomberg Africa’s largest economy is expected to devalue its currency after elections in February by the steepest margin in six years to align it with market perceptions, according to a survey of investors and analysts. Nigeria operates a multiple exchange regime dominated by a tightly controlled official rate, cutting off access to many businesses and individuals, which in turn ...

  Bloomberg Franklin Templeton Investments and Eastspring Investments are joining a growing list of money managers snapping up Chinese stocks on bets that Beijing’s pivot away from Covid Zero will bring significant gains. China’s world-beating rally this month has solidified convictions that recent losses are a thing of the past as a property rescue plan and easing on virus controls ...

Bloomberg London is no longer home to Europe’s biggest stock market. That prize has been taken by Paris. This week on the In the City podcast, David Merritt speaks to reporter Joe Easton, who has been closely monitoring the race for months. In 2016, before the Brexit vote, British stocks were collectively worth $1.5 trillion more than France. The French ...