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The monthly Corion Report is a user friendly snapshot of the South African Unit Trust industry and is a must…
The monthly Corion Report is a user friendly snapshot of the South African Unit Trust industry and is a must…
While the International Monetary Fund’s (IMF) latest World Economic Outlook last week suggested a contraction of 8% in South Africa’s…
2020 has been a wild ride for investors in local currency emerging market sovereign debt. The turmoil in global financial markets during the first quarter of the year following the rapid spread of Covid-19 as well as the sudden plunge in oil prices caused havoc in fixed income markets across the globe. Investors rushed to raise liquidity amid the uncertainty and panic, exiting positions en masse, particularly those regarded as having a hint of risk.
The monthly Corion Report is a user friendly snapshot of the South African Unit Trust industry and is a must…
(Adds detail, background, CEO quote) JOHANNESBURG, Aug 13 (Reuters) – South African coal company Exxaro Resources reported a 40% jump…
NAIROBI, Aug 13 – The following company announcements, scheduled economic indicators, debt and currency market moves and political events may…
JOHANNESBURG (Reuters) – South African lender Absa said on Wednesday its half-year earnings could be almost wiped out as a…
By George Obulutsa NAIROBI (Reuters) – Kenya’s KCB Group said on Wednesday its after-tax profit plummeted in the first half,…
JOHANNESBURG (Reuters) – South African lender Absa said on Wednesday its profits for the six months to June 30 could…
(Updates prices) JOHANNESBURG, Aug 12 (Reuters) – The South African rand extended its gains against the dollar on Wednesday, as…
* Gold in consolidation mode, long-term outlook positive -analyst * Silver up over 1%, recovering from two-week low hit on…
* KOSPI rises, foreigners net sellers * Korean won strengthens against U.S. dollar * South Korea benchmark bond yield falls…
* Shenzhen warns public to exercise caution about imported food * Port screening exposes more coronavirus contamination cases * Still…
Aug 13 (Reuters) – Grade Prices Thai RSS3 (September) $1.71/kg Thai STR20 (September) $1.35/kg Thai 60% latex (bulk/September) $1,150/tonne Thai…
Aug 13 (Reuters) – San Francisco’s district attorney on Wednesday filed a preliminary injunction against food delivery firm DoorDash to…
* Company cuts 2020 dividend to 6 cents from 15 cents * Solvency at 195%, down from 201% at end…
PARIS, Aug 13 (Reuters) – Shares in European planemaker Airbus fell on Thursday after the U.S. government said it would…
By Hereward Holland (Reuters) – Mining companies and copper and cobalt buyers have been invited to a meeting in Kinshasa…
(For a live blog on European stocks, type LIVE/ in an Eikon news window) * FTSE 100 down 1.0%, FTSE…
* KOSPI rises, foreigners net sellers * Korean won strengthens against U.S. dollar * South Korea benchmark bond yield falls…
* Singapore leads gains in Southeast Asia * U.S. inflation rose more than expected in July * Malaysia releases GDP…
JOHANNESBURG, Aug 13 (Reuters) – South Africa’s rand weakened slightly early on Thursday, pausing an advance in the previous session…
* China could be shut out of dollar system in worst case – economists * China renews yuan’s global push…
* U.S. inflation beat expectations, virus looks to be stalling * Nikkei surges to six-month top * USD back under…
* Graphic: World FX rates in 2020 https://tmsnrt.rs/2RBWI5E * Talks on U.S. stimulus not progressing * U.S. dollar falls against…
NAIROBI, Aug 13 – The following company announcements, scheduled economic indicators, debt and currency market moves and political events may…
SHANGHAI, Aug 13 (Reuters) – The yuan briefly hit a five-month high against the U.S. dollar on Thursday before giving…
