SA markets surged yesterday thanks to the positive sentiment from the French elections.. . .
Yesterday, Anglo American released its production report for the 1st quarter of 2017.. . .
Marine Le Pen’s likely upcoming defeat
in the second round of the French presidential election will
bring welcome relief of risk to the euro project, and to global
A surge in buying of Britain's
pound last week put only a small dent in record net market bets
against the currency and sentiment remains finely balanced,
official data and capital flow reports from major banks showed
Hedging has become all the
rage as investors seek cover ahead of Sunday's national
elections in France that could signal whether the country
remains in the European Union.
North Korea rarely allows foreign correspondents into the country, but when. . .
Oslo, London and Amsterdam are leading a shift by major cities. . .
South Africa's rand held on to a three-week high against the dollar early on Tuesday, buoyed by increased risk appetite after. . .
South Africa's No.2 lender by value Standard Bank reported a "low single digit" rise in quarterly net interest income on Tuesday,. . .
Rocked by a shakeup in the Western political order, companies are buying more insurance to protect themselves against the threat of. . .
U.S. President Donald Trump tried to press Democrats on Monday to include funds for his controversial border wall with Mexico in. . .
A global group that monitors money laundering worldwide has expressed concern that a bill to fight the crime in South Africa faces "significant ongoing delays" and warned the country's banks risked. . .
South Africa's rand hit a three-week high against the dollar on Monday as emerging markets were buoyed by France's presidential election first-round win for the market's preferred candidate.. . .
South Africa's ruling party will introduce an amended land rights bill in parliament in May after the top court declared invalid a law that re-opened a process for blacks to make. . .
South Africa's anti-trust body said on Monday liquefied petroleum gas (LPG) producers should cap supply agreements at 10 years as deals lasting longer favoured big wholesalers and deterred new competitors entering. . .
South African wine and spirits maker Distell Group said on Monday it would buy a 75 percent stake in the Cruz Vodka brand from Blue Sky Brand Company.. . .
Ghana, the world's number two cocoa producer, has missed out on nearly $1 billion in export earnings due to a steep decline in global cocoa prices, the CEO of Ghana Cocoa. . .
A crash between a
passenger bus and a tanker ferrying cooking oil has killed 24
people along the main highway connecting Kenya's capital,
Nairobi, and the port city of Mombasa, police said on Tuesday.. . .
Sudan on Monday warned South
Sudan to cease its support of rebel groups at war with Khartoum,
accusing its president of meeting with rebels last week in a
rare public statement from Khartoum's intelligence. . .
Nigerian stocks rose by more than two percent on Monday after the central bank introduced a new policy to allow foreign investors to engage in foreign exchange trading at rates the. . .
Ghana's central bank will not finance the government's budget, its new governor, Ernest Addison, said on Friday as the regulator seeks to keep fiscal consolidation on track.. . .
Britain's opposition Labour
Party will immediately guarantee the rights of EU citizens
living in the country if it wins a June election, it said on
Tuesday, setting out a Brexit strategy aimed at eating. . .
German healthcare group
Fresenius SE & Co KGaA has stepped up its dealmaking,
agreeing to buy U.S. generic drugmaker Akorn Inc for
$4.75 billion (4.37 billion euros) and the biosimilars arm of
Germany's Merck KGaA.. . .
Banks across the euro zone
are set to tighten access to credit for companies in the second
quarter but lending volumes are still seen rising, helped by
ultra low rates, the European Central Bank. . .
Hungarian pensioners could receive a special bonus at the end of this year if economic growth exceeds 3.5 percent and the budget deficit remains under control, Economy Minister Mihaly Varga was. . .
French bond markets on Tuesday
added to the gains they made immediately after the first round
of France's presidential election, which analysts said showed
that investors saw little risk of anti-euro Marine Le Pen
scoring. . .
China's central bank said on
Tuesday that overseas entities held 830.2 billion yuan ($120.6
billion) of domestic bonds as of end-March, up from the previous
month's 815.3 billion yuan.. . .
Hong Kong stocks posted their biggest
percentage gain in nearly six weeks on Tuesday, joining a
region-wide rebound amid euphoria triggered by the
market-friendly outcome of the first round of the French
presidential election.. . .
Corn imports to China in March
plunged 99.1 percent from a year ago to their lowest since
September 2013, customs data showed on Tuesday, as buying dried
up after the gap between international prices. . .
Foreign direct investment (FDI) in Tunisia rose 18 percent in the first quarter of 2017 compared with a year earlier, government figures showed on Monday.. . .
China stocks steadied on
Tuesday following a sharp sell-off the previous session.. . .
Oslo, London and
Amsterdam are leading a shift by major cities to eliminate
greenhouse gas emissions from transport, helped by new
technologies that will help to curb climate change and reduce
air pollution, a study. . .
Is it yet time to call the
crude oil output cuts by OPEC and its allies a failure?. . .
The U.S. government's costs
could increase by $2.3 billion in 2018 if Congress and President
Donald Trump decide not to fund Obamacare-related payments to
health insurers, according to a study released Tuesday by the
Kaiser. . .
posted a much bigger than expected rise in first-quarter core
earnings on Tuesday as robust demand and years of cost trimming
bolstered turnover and profitability at the truck maker.. . .
Indonesia will not need to
repeat last year's major spending cut as the government's
revenue projections look "on track" amid strengthening growth,
Finance Minister Sri Mulyani Indrawati told Reuters.. . .
The euro edged back towards the
previous day's five-month high on Tuesday after posting its
biggest one-day rise since June, on growing confidence that the
market-friendly Emmanuel Macron would beat far-right rival
Marine Le. . .
Japan's Meiji Yasuda Life
Insurance plans to increase its foreign bond holdings this year,
a senior company official said on Tuesday.. . .
North Korea rarely allows
foreign correspondents into the country, but when it does, it
makes them pay.. . .
Nigeria's central bank offered $150 million in currency forwards at an auction on Monday, it said in a statement, part of its efforts to narrow the spread between official and black. . .
Sumitomo Life Insurance Co
plans to buy more of riskier but higher-return assets
including aircraft finance loans, as yields on Japanese
government bonds (JGBs) remain too low to meet promises to
insurance policy holders.. . .