Kenyatta's new law sends bank stocks tumbling

2016-08-26 16:28

Banking stocks on the Nairobi Stock Exchange have slumped following a decision by Kenyan President Uhuru Kenyatta to sign off a law that caps interest rates on loans.

JSE treads water as world awaits Yellen speech

2016-08-26 13:53

The JSE has been in limbo together with global markets, with the major indices moving only marginally as investors mostly occupied the sidelines.

China stocks fall on regulatory curb concern

2016-08-26 10:21

China’s shares have tumbled the most since July on concern the government will take steps to cool speculative activity in the nation’s financial markets.

Rand set for worst week since Nene was fired

2016-08-26 08:15

The rand is heading for the biggest weekly drop since December as a statement of support for Pravin Gordhan by President Jacob Zuma failed to ease investor concerns.

Most Asia markets, dollar slip ahead of Yellen speech

2016-08-26 07:33

Most Asian markets have begun on a negative note while the dollar dipped as investors cautiously await a much-anticipated speech by Federal Reserve chief Janet Yellen.

US stocks open lower despite solid industrial, jobs data

2016-08-25 16:14

US stocks have headed modestly lower in opening trade despite buoyant industrial production and jobless claims data that pointed to continued strength in the economy.

Assets extend slump as JSE tracks global markets

2016-08-25 13:36

Assets slumped further as the finance minister said he would not appear before the Hawks, while share prices on the JSE have been more in line with global markets.

China stocks slump on regulatory curb concerns

2016-08-25 09:04

Chinese stocks have fallen the most in a month, on concern the government will act to cool speculative activity in the nation's financial markets.

Weak petroleum, pharma hit US stocks

2016-08-25 07:48

Weakness in petroleum-linked shares and pharmaceuticals pushed US stocks have been lower as global markets awaited a speech this week by Federal Reserve Chair.

Hong Kong shares decline as lenders slump

2016-08-24 10:54

Hong Kong shares have fallen the most in three weeks on speculation recent gains were excessive relative to earnings prospects.


US stocks open higher ahead of Yellen speech

2016-08-26 16:06

US stocks have been headed modestly higher in opening trade as markets awaited a speech by Federal Reserve Chair Janet Yellen that could shed light rate hike plans.

Emerging-market assets set for weekly drop

2016-08-26 09:08

Emerging-market currencies and stocks have been headed for weekly declines on concern Federal Reserve Chair Janet Yellen will signal a US rate hike.

European, US equities dip awaiting Fed

2016-08-26 07:36

US and European stocks have slid in choppy trade as investors awaited a key Fed speech, hoping that it will shed light on the Fed's policy stance.

Emerging markets rebound as investors wait for Fed

2016-08-25 16:22

Emerging markets have rebounded, with currencies advancing after their biggest decline in two months, as investors awaited clues on the timing of a rate hike from the Fed.

European equities slide in choppy trade

2016-08-25 13:46

European stocks have slid in choppy trade as investors eyed poor German data and recent oil price falls, on the eve of a speech by Federal Reserve boss Janet Yellen.

European stocks snap three-day winning streak

2016-08-25 10:03

European shares have fallen for the first time in four days as investors assessed recent gains before Federal Reserve chair Janet Yellen’s address.

Asia energy firms extend losses as oil falls

2016-08-25 07:50

Asian energy firms have suffered further losses as oil extended losses, while currency traders moved cautiously the day before a key speech by Federal Reserve chair.

JSE financials reel as Gordhan probe escalates

2016-08-24 13:20

The JSE's banking sector has been hard hit after a probe around Finance Minister Pravin Gordhan took a new twist, but there were gains among rand hedge stocks.

European stocks little changed while miners decline

2016-08-24 10:23

European equities have been little changed, while commodity companies slipped amid declines in oil prices.

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