Verified report from bloomberg.com
NewsMatic brief
The Lusaka Securities Exchange will introduce its first-ever exchange-traded fund before the end of October, giving Zambian investors exposure to gold.
NewsMatic provides a concise source-linked brief. The protected full report and continuing updates remain with the original publisher.
Read the full report at bloomberg.com →Related coverage
Ed Yardeni, one of the biggest stock bulls on Wall Street, is slashing his year-end forecast for the S&P 500 Index a month after raising it, citing increasing risks of a downturn in the next three to six months.
Read on NewsMatic →
The Indian central bank’s refusal to relax listing rules for Tata Group’s holding company delivered an outcome long sought by the conglomerate’s biggest minority shareholder, though the road to going public is far from smooth.
Read on NewsMatic →
Turkish stocks tumbled on Wednesday as an asset manager’s failure to meet redemption requests fueled concern about broader liquidity stress in the country’s fund industry.
Read on NewsMatic →
European shares snapped two days of losses as a bond selloff and oil prices eased ahead of the Federal Reserve’s interest-rate decision later on Wednesday.
Read on NewsMatic →
The Hong Kong stock exchange is considering launching its first-ever bond index before the end of the year, according to people familiar with the matter, as the Asian financial center bets that the benchmark would boost trading activity in the world’s largest offshore yuan market.
Read on NewsMatic →
Copper edged higher as US stocks and bonds found relief ahead of the Federal Reserve’s decision later Wednesday on whether to raise interest rates.
Read on NewsMatic →
