26/04 South African businessman Christo Wiese has launched a $5 billion lawsuit against crisis-hit Steinhoff, a retail company in which he was a board member and biggest shareholder until earlier this year, his company Titan Group said.  Full story
26/04 South Africa's rand stabilised on Thursday after a torrid week which saw the currency set several new three-month lows against the dollar, while stocks rose thanks to gains for firms including banks and some retailers.  Full story
26/04 The retail price of petrol in South Africa will rise by 3.4 percent from May 2, while the price of wholesale diesel will rise by 4.6 percent, the energy department said on Thursday.  Full story
21/04 South African retailer Steinhoff remains in a "tough position" and is talking to creditors about restructuring debt, the company said on Friday at its first shareholder meeting since an accounting scandal was uncovered in December.  Full story
26/04 South African businessman Christo Wiese has launched a $5 billion lawsuit against crisis-hit Steinhoff, a retail company in which he was a board member and biggest shareholder until earlier this year, his company Titan Group said.  Full story
23/04 South Africa's rand weakened early on Monday as a firming dollar and rising U.S. bond yields lured investors offshore and there was little locally to firm the currency.  Full story
26/04 South Africa's rand stabilised on Thursday after a torrid week which saw the currency set several new three-month lows against the dollar, while stocks rose thanks to gains for firms including. . .  Full story
26/04 The retail price of petrol in South Africa will rise by 3.4 percent from May 2, while the price of wholesale diesel will rise by 4.6 percent, the energy department said. . .  Full story
26/04 South African businessman Christo Wiese has launched a $5 billion lawsuit against crisis-hit Steinhoff, a retail company in which he was a board member and biggest shareholder until earlier this year,. . .  Full story
26/04 Revenue for the interim period rose by 18% to R548.5 million (2017: R465 million). Operating profit increased by 7% to R25.8 million (2017: R24.2 million). Profit for the period attributable to. . .  Full story
26/04 Botswana's supermarket chain Choppies Enterprises half-year profits rose 19 percent, buoyed by an improved performance at its South African operations, the company said on Thursday.. . .  Full story
05h57 Gold prices languished near a five-week low on Friday, set for a decline of more than 1 percent this week, weighed down by a strong dollar, high U.S. Treasury yields and easing geo-political concerns.. . .  Full story
05h57 Global market research and index company MSCI Inc will add around 230 China-listed shares to its emerging market benchmark in a two-step process in June and September, a move expected to unleash a surge. . .  Full story
05h47 Oil prices edged lower on Friday, but Brent largely held its gains from the previous session amid concerns that Iran may face renewed sanctions, choking off supply.. . .  Full story
05h40 China's state-run natural gas producers are required to sign supply contracts with major users by the end of this month, an official from the country's top economic planner said on Friday.. . .  Full story
04h15 London aluminium prices edged down on Friday, having jumped in the previous session as investors bet that U.S. sanctions would remain in place on Russian producer Rusal, keeping supply tight. The. . .  Full story
06h32 Asian shares rose on Friday after U.S. equities were buoyed by a rebound in technology stocks, while markets in Seoul were underpinned by optimism as leaders of North and South Korea held their first. . .  Full story
06h24 The dollar held near a 3-1/2-month high against a basket of currencies on Friday as higher U.S. yields prompted an unwinding of short positions in the currency while the euro was hampered by a. . .  Full story
05h36 Japan's central bank kept monetary policy steady on Friday and removed a phrase on the timeframe for achieving its 2 percent inflation target, suggesting it is no rush to reach its elusive price goal. . .  Full story
05h30 Japanese fund managers trimmed their overall exposure to stocks in April and increased their bond holdings, a Reuters poll showed.. . .  Full story
04h51 Round-up of South Korean financial markets: ** South Korea's KOSPI stock index rose on Friday as North Korean leader Kim Jong Un. . .  Full story
06h02 Hyundai Motor said it will cancel $890 million worth of treasury shares, its first stock cancellation in 14 years - a plan that comes amid heavy shareholder pressure to improve returns, restructure and bounce back. . .  Full story
06h01 The U.S. economy likely slowed in the first quarter as growth in consumer spending braked sharply, but the setback is expected to be temporary against the backdrop of a tightening labor market and large fiscal. . .  Full story
06h00 Singapore's central bank said on Friday that escalating trade tensions between the U.S. and China pose a risk to the city-state's economy and were part of the reason behind its "measured adjustment" to monetary policy. . .  Full story
05h08 Car industry executives are gathering at the Beijing auto show this week amid trade tensions between China and the United States, as well as major shifts in the global automotive market towards self-driving and. . .  Full story
05h01 Chicago soybean futures rose for a fourth consecutive session on Friday with the market set to finish the week on a positive note on expectations of Chinese buying and lower crop yields in Argentina. . .  Full story
06h54 U.S. carrier Southwest Airlines has ordered 40 Boeing Co 737 MAX jets worth $4.68 billion at list price to help modernise its fleet, the airline said, making it the planemaker's largest global customer for the updated narrowbody.  Full story
06h50 Thailand has seen capital outflows from its stock and bond markets in the past week, but it is not yet a worry, the central bank said on Friday.  Full story
06h46 China's yuan weakened against the dollar on Friday as a softer midpoint and a broadly stronger greenback put the local currency on track for its worst monthly performance in 1-1/2 years. The dollar held near a 3-1/2-month high against a basket of currencies on Friday morning, supported largely b  Full story
06h42 China stocks extended losses on Friday, dragged down by real estate and consumer firms, as investors reassessed their positions after sharp drops in leading blue-chips. Worries also lingered over the ongoing China-U.S. trade spat. ** The CSI300 index fell 1.0 percent to 3,716.65 at the end of the mo  Full story
06h42 Southeast Asian stock markets rose on Friday after U.S. treasury yields retreated from recent highs, while a summit between North Korea and South Korea eased tensions in the Korean peninsula and boosted sentiment. The summit between North Korean leader Kim Jong Un and South Korean President Moon  Full story
26/04 Nigeria's state oil company illegally paid 216 billion naira ($707.4 million) in fuel subsidies in 2017, which should be reimbursed to the government, according to the findings of a Senate probe released on Thursday.. . .  Full story
26/04 Zambia's annual inflation rate quickened to 7.4 percent in April from 7.1 percent a month earlier, official data showed on Thursday.. . .  Full story
25/04 Kenya's economy is expected to rebound to 5.8 percent growth in 2018 after electoral uncertainty and drought cut last year's expansion to the lowest level in more than five years, Finance. . .  Full story
25/04 Ghana is seeking to issue up to $2.5 billion worth of Eurobonds in the coming weeks with a coupon in the 7 percent range, a rate well below previous sales, the. . .  Full story
25/04 Ghana is seeking to issue up to $2.5 billion worth of Eurobonds in the coming weeks with a coupon in the 7 percent range, a rate well below previous sales, the West African nation's. . .  Full story
06h10 Profit growth at Chinese industrial firms slowed to its weakest pace in over a year in March, in a sign of increasing headwinds for the world's second-largest economy as policy makers navigate debt risks. . .  Full story
04h55 At least three steel mills in China's city of Xuzhou in Jiangsu, the nation's No. 2 steelmaking province, have suspended operations as factories scramble to cut emissions as part of a tough environmental crackdown, three. . .  Full story
04h48 Japanese stocks rose on Friday morning as chip-related firms rallied after brisk earnings forecasts from Advantest and Kyocera, but a profit warning from index-heavy Fanuc saw its shares nosedive.. . .  Full story
04h46 Singapore's Ministry of Manpower released preliminary unemployment data for the first quarter of 2018 on Friday: (percent, seasonally adjusted) Q1/2018. . .  Full story
04h30 Ping An's Good Doctor online healthcare platform has raised $1.12 billion in its initial public offering, pricing its shares at the top of its range in Hong Kong's largest new listing this year, two. . .  Full story


 
 
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