Kerim Karakaya

Turkey’s Vestel Elektronik is working with financial and legal advisers and is meeting bondholders to discuss a restructuring, while also renegotiating its loans with local banks.

Turkey’s central bank wants to see more evidence of slowing inflation and clarity on the Iran conflict before resuming monetary easing, Governor Fatih Karahan has told investors.

Some creditors holding Senegal’s sovereign bonds have begun informal talks to potentially form a group if the government moves forward with a debt rework, people familiar with the matter said.

Emerging-market stocks and currencies were little changed as investors turned cautious amid escalating tensions in the Middle East and awaited the latest US inflation report for clues on the path of monetary policy.

An index tracking emerging-market currencies rebounded from earlier losses and the dollar weakened after softer-than-expected US producer prices gave the Federal Reserve room to postpone interest rate increases.

Emerging-market stocks resumed their slide, snapping a two-day rally, as SK Hynix Inc. and Samsung Electronics Co. tumbled after South Korean authorities moved to rein in leveraged funds tracking the chipmakers.

Franklin Templeton’s main emerging equity fund has scaled back on memory chipmakers’ shares after their huge rally, instead favoring Chinese internet names such as Alibaba Group Holding Ltd and Tencent Holdings Ltd.

Tanzania is gauging investor appetite for its first international bond sale in more than a decade, holding a non-deal roadshow in London on Wednesday.

Citigroup Inc. closed its bullish position on the South African rand against the euro hours after concluding the currency would remain “fragile” following the central bank’s surprise decision to keep interest rates unchanged.

Jordan Rochester, who made his name as one of the UK’s most recognized financial commentators during the country’s split from the European Union, has left Mizuho Bank Ltd. to pursue a position overseas.