Argentina's economy ministry said on Monday it had launched a voluntary asset conversion operation as the South American country battles tumbling foreign reserves that threaten its ability to meet payments.
Mexican state oil firm Pemex is in a position to meet its remaining 2023 debt obligations and is looking at refinancing strategies for next year, said Deputy Finance Minister Gabriel Yorio, who added the government could also help if needed.
Sri Lankan shares closed higher on Wednesday, aided by gains in financial and communication services stocks, while investors await the monetary policy decision from the country's central bank this week where it is expected to keep key rates unchanged.
Credit ratings agency Moody's said on Wednesday it had affirmed Italian bank Monte dei Paschi di Siena's (MPS) Ba2 deposit and B1 senior unsecured debt ratings and changed the outlook to positive from stable amid a restructuring.
The New Development Bank issued 8.5 billion yuan ($1.23 billion) worth of panda bonds in China's interbank bond market on Monday to mobilise resources for financing sustainable development projects, the bank said in a statement.