The rand breached the R12.50/$ mark once again while market closed in the negative territory for the second day in the. . .
Naspers remains a firm favourite and still presents a strong buy in our view.. . .
U.S. Treasury bond yields are set to
rise this year, but not as much as many currently expected,
according to a Reuters poll of top fixed-income strategists who
appear skeptical the Federal Reserve will manage to raise rates
several times more this year.
That retail stocks face an ever-dimmer
future is now something of an investing truism.
The death of the Republican
healthcare reform may not prove to be the knife to the heart of
the bull market some had feared, but to keep the Trump Trade
alive investors should temper expectations for the breadth of
expected tax cuts.
Israel has ignored a demand by the United Nations Security Council. . .
Russia, Iran and Turkey need to convene more Syrian ceasefire talks. . .
South Africa's Capitec Bank has purchased a 40 percent stake in Latvia's Creamfinance for 21 million euros ($22.7 million), the lender. . .
South Africa's Brait SE has suspended plans to list on the London Stock Exchange, the investment firm said on Friday, citing. . .
President Donald Trump suffered a stunning political setback on Friday in a Congress controlled by his own party when Republican leaders. . .
Croatia's government is drawing up a law to protect the economy if a major company runs into trouble, Deputy Prime Minister. . .
Crop-eating caterpillars known
as fall armyworms have started spreading across Uganda,
authorities said on Friday, raising fears for the surrounding
East Africa region already devastated by drought.. . .
South Africa bank FirstRand's Namibian unit has secured regulatory approval to buy out a fund manager, it said on Friday, as part of the lender's stated plan to bulk up in. . .
South African farmers are expected to harvest 84 percent more maize this season compared with last season as yields were boosted by increased rains, a Reuters survey of five traders and. . .
Faster inflation in Kenya will not prompt the Central Bank of Kenya to hike interest rates on Monday, according to a Reuters poll of economists who note most of the price. . .
Emerging stocks paused on
Friday ahead of a vote on a key U.S. reform that may pave the
way for stimulative tax cuts, whilst the Russian rouble firmed
ahead of a central bank meeting. . .
Nigeria's state oil company said
on Friday it was set to recover $184 million in crude oil swap
under-deliveries recorded against three oil companies during the
now defunct crude for product swap system.. . .
The World Bank said on Friday it
has approved a $200 million loan to Nigeria to support the
government's effort to boost small and mid-scale farmers.. . .
Capricorn Investment Group Limited said on Friday that Namibia's largest institutional investor had bought a 25 percent stake in the financial services firm for about N$2 billion Namibian dollars ($160 million). . .
The International Monetary Fund (IMF) said on Friday it held talks with Zambian authorities over the possibility of an aid programme, and said there was a range of facilities available for. . .
Cameroon cocoa farmgate prices fell an average of 9 percent across all regions from February to March mainly due to a global drop in prices, farmers and exporters said on Friday.. . .
French utility EDF's
oversight of Areva, which will supply
Britain's new Hinkley Point nuclear reactors, was brought into
question in an internal document by Britain's Office for Nuclear
Regulation (ONR).. . .
The end of a historic strike
at Chile's Escondida copper mine, the world's biggest, has left
its owner, BHP Billiton, nursing an estimated $1 billion loss
and probably in a weaker position for negotiations. . .
Oil rose modestly on Friday
in a spate of late-day activity, but fell on the week as
concerns persisted over an excess of crude.. . .
French President Francois Hollande on Friday hit back at accusations by former election frontrunner Francois Fillon that he was orchestrating a plot to scuttle his bid for power, in a race. . .
Croatia's government is drawing
up a law to protect the economy if a major company runs into
trouble, Deputy Prime Minister Martina Dalic said on Friday.. . .
India's market regulator
accused Reliance Industries on Friday of having
committed a "fraud" in taking a short trading position at the
time of selling a stake in a subsidiary in 2007, ordering it to
surrender. . .
German container shipping
company Hapag-Lloyd expects increased operating
earnings this year, it said on Friday, citing a rise in freight
rates as market conditions improve.. . .
No evidence has emerged of
cheating on the OPEC/non-OPEC production agreement so far. But
Goodhart's Law is a reminder traders should expect countries to
try to circumvent any target once it has been chosen.. . .
of small wooden dhows are carrying food and wares from the
United Arab Emirates to war-torn Yemen. But supplies are falling
even from this centuries-old Arabian sea route that is one of
the last. . .
U.S. President Donald
Trump's push to force U.S. industry to bring jobs home is
opening investment avenues for Chinese companies in Mexico, an
executive with Industrial and Commercial Bank of China (ICBC),
the country's largest. . .
Tesla Motors Inc will start
taking orders for its solar roof tiles in April, Chief Executive
Elon Musk said in a Tweet on Friday.. . .
President Donald Trump suffered a stunning political setback on Friday in a Congress controlled by his own party when Republican leaders pulled legislation to overhaul the U.S. healthcare system, a major. . .
After failing to repeal
Obamacare, Republicans in the U.S. Congress quickly pivoted on
Friday to President Donald Trump's next priority: overhauling
the federal tax code, but their plan has already split the
business community.. . .
Brazilian miner Vale SA
said on Friday the United States District Court for
the Southern District of New York annulled the majority of a
class action lawsuit against the company and executives over. . .
The Canadian dollar weakened
on Friday against its U.S. counterpart as tame domestic
inflation dampened pressure on the Bank of Canada to turn more
hawkish, while CFTC data showed a sharp swing by speculators. . .
U.S. shares pared losses to
end slightly lower on Friday after Republicans pulled their bill
to overhaul the U.S. healthcare system due to a shortage of
votes, dealing a blow to U.S. President Donald. . .
The dollar pulled back from
near a four-month low against the Japanese yen on Friday, and
was on pace to snap an eight-day losing streak against the
safe-haven currency, after Republicans killed their bill. . .
Republican leaders of the House of Representatives pulled legislation to overhaul the U.S. healthcare system from consideration on Friday due to a shortage of votes, despite desperate lobbying by the White. . .
Before he killed
four people in Britain's deadliest attack since the 2005 London
bombings, Khalid Masood was considered by intelligence officers
to be a criminal who posed little serious threat.. . .