South Africa's rand weakened against the dollar on Thursday, falling to a 7-month low after respected Reserve Bank Governor Gill Marcus said she would not renew her contract when her five year term ends in November.
04h56 Australian shares added 0.2 percent
on Friday as Wall Street climbed, though continued weakness in iron ore hit
resource stocks, and investors continued to scrutinise results trickling in
from the Scottish independence referendum.
04h49 The British pound rose sharply after early
results from the Scottish independence vote reinforced expectations Scotland
would remain in the United Kingdom, while Asian shares gave up some of their
earlier gains on Wall Street's strength.
05h25 Business confidence among
Chinese entrepreneurs fell in the third quarter - marking the
third consecutive quarter of decline - a central bank survey
showed on Friday, mirroring signs of fragility in the economy.
05h30 Islamic State militants fighting in Iraq and Syria released a video on Thursday that they said shows British journalist John Cantlie in captivity saying he will soon reveal "facts" about the group to counter its portrayal in Western media.
The good news of low US interest rates for higher-yielding markets like South Africa, coupled with news that local interest rates will also stay unchanged as slowing economic growth remains a concern,... Read more
Welcome to the September issue of MarketViews.
Want to know what sets the rich apart from the rest of us? In his article this month, AJ Cilliers explores 5 ways that the rich think and act... Read more