OPEC meets under oil supply glut cloud

23 minutes ago

OPEC gathers in Vienna this week to decide on whether to trim the cartel's oil output faced with a global supply glut, sliding prices and weak demand growth.

UK factory growth cools from fastest pace

2015-12-01 14:15

A UK manufacturing gauge has fallen more than economists forecast, while still signaling solid growth after reaching a 16-month high the previous month.

China factory data disappoints, yuan lifts spirits

2015-12-01 09:45

China's factory activity has weakened further in the latest sign of a growth slowdown, but analysts say the yuan's inclusion was a sign of confidence.

World’s biggest pension fund loses $64bn in stock rout

2015-11-30 13:42

The world’s biggest pension fund has posted its worst quarterly loss since 2008 after a global stock rout wiped $64bn off the Japanese asset manager’s investments.

German consumer confidence slips

2015-11-27 14:50

German consumer confidence has slipped for a fourth month in a row in November as shoppers worried about the impact of a record influx of asylum seekers.

UK home-price growth slows to five-month low

2015-11-27 10:00

UK house-price growth has slowed to a five-month low in November, according to Nationwide Building Society, which also noted a shortage of properties for sale.

SA economy bleeds billions

2015-11-26 12:00

Poor oversight in procurement has seen the country rack up a monumental R25 billion in irregular expenditure, while a lack of any consequence makes the national fiscus vulnerable, says the auditor-general’s office.

UK 2016 economic growth forecast raised to 2.4%

2015-11-25 15:47

UK Chancellor of the Exchequer George Osborne says the economy will grow by 2.4% this year and in 2016 as he set out his spending priorities for the next five years.

US economy grows more than first estimated

2015-11-24 16:31

The US economy has expanded at a faster pace in the third quarter than previously reported, reflecting a smaller hit from efforts to rein in bloated inventories.

9 slides you must see about GDP's slow growth

2015-11-24 13:46

Quickly understand why SA's economy has grown by only 0.7% in the third quarter and which sectors have pulled down the country's growth levels.


EU bailout fund rescues Greece's top bank

2015-12-01 15:04

The eurozone's bailout fund has rescued Greece's largest bank, launching a recapitalisation process that is a crucial part of the country's third loan programme.

China steps up cash injections amid IPO restart

2015-12-01 11:30

China’s central bank has stepped up cash injections via open-market operations as a resumption of new share sales drove demand for funds.

UK mortgage approvals rise on housing demand

2015-11-30 15:46

UK mortgage approvals have risen in October, indicating continued robust demand in the housing market.

SA's small businesses will lead the country to growth

2015-11-29 19:00

In an environment where big business is reticent to invest in the economy, small business must be the meaningful job creator, writes Dudu Msomi.

Russia targets Turkish economy over downed warplane

2015-11-27 11:02

Russia has vowed to carry out broad retaliatory measures against Turkey's economy to avenge the downing of one of its warplanes as Moscow and Ankara traded furious verbal volleys.

Brian Kantor: SA monetary (inflation) policy – bad theory put into practice

2015-11-27 07:55

An economist questions Sarb's theory of using inflation targeting as the measure for rate hikes and says the rand is beyond the influence of short-term rates.

Where does SARB's rate hike leave the SA economy?

2015-11-26 10:07

Following the SARB's decision to hike interest rates, experts share their views on what this means for the economy and future investment strategies.

China’s economic indicators flash a warning

2015-11-25 11:54

China’s economy is still showing a muted response to waves of monetary and fiscal easing as of the half-way mark for the last quarter of the year.

Slow GDP growth threatens wage bill growth

2015-11-24 15:10

With SA recording the slowest year-on-year growth since the final quarter of 2009 in the third quarter of 2015, the wage bill growth may have to be trimmed, says John Loos.

Fed rate-increase odds at 72% in market

2015-11-24 12:59

The odds the Federal Reserve will raise interest rates at its next meeting in December has been at 72%, and Pacific Investment Management says a move is likely.

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