JSE in limbo as Sars Wars rage on

33 minutes ago

Financial and resources shares have been losing further ground on the JSE amid uncertainty over the effect of the political battle around Pravin Gordhan.

Tokyo shares flat by break, soft data offsets weak yen

2016-08-30 10:28

Tokyo shares have ended the morning session flat as tepid data and profit-taking from the previous day's jump offset a weaker yen and a rally on Wall Street.

Asia markets track Wall St up, US jobs in focus

2016-08-30 07:46

Asian markets have risen with Tokyo recovering from losses as expectations of a US rate hike and talk of Japanese monetary easing pushed the yen down against the dollar.

Oil edges back in Asia after sharp losses

2016-08-30 07:41

Oil prices have edged up, a day after retreating on a stronger dollar, but worries about a global supply glut are keeping gains in check ahead of a key producers' next meeting.

Oil resumes drop near $47

2016-08-29 14:44

Oil has declined amid doubts that producers will agree on a deal to stabilise the market when suppliers meet next month for informal talks.

Most Asia markets slump, Tokyo soars on US rate talk

2016-08-29 08:32

Japanese stocks have rallied on a weaker yen but other Asian markets retreated after Federal Reserve chief Janet Yellen hinted at a US interest rate hike by the end of the year.

Sars Wars: How the volatile rand will play out this week

2016-08-29 07:46

The rand could swing depending on what happens regarding Finance Minister Pravin Gordhan and the investigation into an alleged illicit investigation unit at Sars.

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.

INFOGRAPHIC: Volatile rand rages on Zuma's erratic moves

2016-08-26 13:58

The rand is one of the most volatile currencies around the world, reacting sharply on controversial political moves in SA, while also gaining at times on global uncertainty.

Pound heads for weekly gain

2016-08-26 13:15

The pound has been headed for its first weekly gain versus the euro since mid-July as economic data continue defying post-Brexit expectations for a slowdown.


Oil trades near $47 as US glut seen easing

40 minutes ago

Oil has traded near $47 a barrel before data forecast to show that gasoline stockpiles declined while crude inventories increased in the US, the world’s top oil consumer

Weakening rand should get a little bounce - analyst

2016-08-30 09:08

The five-day weakening trend of the rand could continue, but the currency is due a little bounce, says an analyst.

US stocks rise on Fed rate hike talk

2016-08-30 07:43

US shares have risen with investors' mood buoyed by hints from the US Federal Reserve of an interest rate hike because of strong growth.

Rand weakens on US rate hike expectations

2016-08-29 18:44

The rand has weakened against the dollar on expectations that US interest rates would rise soon and concerns over the finance minister's future.

Dollar strength dents JSE resources and financials

2016-08-29 14:17

Resources and financial shares have been hit by a firmer dollar, but the weaker rand has presented investors with an opportunity to invest in rand hedge stocks.

Oil prices sink on strong dollar

2016-08-29 08:27

Oil prices have tumbled on a strong dollar and after key OPEC producers downplayed the prospects of limiting output at a meeting next month.

Rand posts worst week since May as Gordhan doubts persist

2016-08-26 17:59

The rand headed for the biggest weekly drop since May while benchmark government debt slumped by the most this year on concern Finance Minster Pravin Gordhan’s job is on the line.

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.

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.

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