18/09 China and the United
States plunged deeper into a trade war on Tuesday after Beijing
added $60 billion of U.S. products to its import tariff list in
retaliation for President Donald Trump's planned levies on $200
billion worth of Chinese goods.
18/09 Oil futures rose more than 1
percent on Tuesday on signs that OPEC would not be prepared to
raise output to address shrinking supplies from Iran, and as
Saudi Arabia signaled an informal target near current levels.
13/09 South Africa's Reserve Bank will leave interest rates unchanged at 6.50 percent next week, 25 of 26 analysts predicted in a Reuters poll, after recent data showing the economy unexpectedly slipped into recession earlier this year.
17/09 South Africa's Naspers
unveiled plans on Monday to spin off and list
separately its pay-TV unit, its first major move aimed at
narrowing a discount between its market value and the value of
its stake in Chinese technology giant Tencent.
cheered investors on Friday with plans to spin off its asset
management unit in a surprise restructuring ahead of the
departure after four decades of the South African firm's founder
and chief executive.
18/09 South Africa's rand gained on Tuesday as broad dollar weakness supported investor appetite for riskier assets after Washington imposed additional tariffs on Chinese imports and Beijing retaliated, escalating a trade dispute. . .
18/09 Revenue for the interim period increased to R243.6 million (2017: R236 million), gross profit grew to R52.6 million (2017: R52.5 million) and profit from operations decreased to R14.9 million (2017: R20.7. . .
18/09 French authorities have given
dairy giant Lactalis permission to resume selling baby milk from
a factory that was closed after salmonella-contaminated milk
produced there infected dozens of babies, the government said on
Tuesday.. . .
18/09 South Africa-based
financial technology firm JUMO plans to expand in high-growth
Asian markets after securing the backing of Goldman Sachs
in an equity funding round, the company's chief executive said.. . .
05h00 Confidence among Asian
companies slumped to the weakest in almost three years in the
third quarter as businesses feared blowback from a worsening
global trade war, a Thomson Reuters/INSEAD survey showed.
04h42 Japan's Nikkei extended its gains
to near eight-month highs on Wednesday as investors took heart
from a strong performance in Wall Street despite lingering trade
war concerns, with financial stocks rallying after U.S. yields
03h46 Shanghai copper prices rose
sharply in early trade on Wednesday, tracking a jump in London
in the previous session and hitting a one-month high as
investors shrugged off an escalation of the U.S.-China trade
row.. . .
01h00 Prime Minister Theresa
May said Britain and the European Union were nearing a divorce
deal but called on the bloc to show "goodwill and determination"
to avoid a disorderly Brexit and secure a close. . .
04h30 Japan's export growth accelerated
in August from the previous month supported by stronger
shipments to the United States, a sign the escalating trade
friction between the Washington and Beijing has yet to hit
Japanese trade.. . .
03h11 Eldorado Gold Corp said on
Tuesday it would seek 750 million euros ($877 million) from
Greece for damages the Canadian miner said it suffered due to
delays in the issuance of permits for its. . .
01h00 India's largest law
firm, Cyril Amarchand Mangaldas (CAM), is being scrutinized by
federal agents after they seized documents related to the $2
billion fraud at state-run Punjab National Bank from
CAM’s premises in February, a. . .
03h31 Investors have increased bets
that India's central bank will need to raise interest rates at
least two more times this year to shore up the battered rupee
after previous efforts to defend the currency. . .
Complete the form below to recieve your daily selected share information straight to your inbox every evening. You only have to complete the form once. Data Privacy: We do not divulge your details to any third party service or product providers. All our emails provide unsubscribe options at the bottom.
Subscribe to get a summary of the day's market data and news sent straight to your inbox. Data Privacy: We do not divulge your details to any third party service or product providers. All our emails provide unsubscribe options at the bottom.