US CEOs pan fiscal cliff deal

2013-01-03 08:02

Executives have lambasted the congressional deal to steer the US away from the fiscal cliff, saying Washington wasted an opportunity to address long-term debt.

Asian stocks rise on US budget deal

2013-01-03 07:40

Asian stocks went up again on a second day of momentum from Washington's agreement preventing the US from going off the fiscal cliff.

Talks stall as fiscal cliff looms

2012-12-31 08:05

Last-gasp talks have not produced a deal between US political leaders struggling to avert fiscal calamity due to hit the American and world economy in hours.

US fiscal cliff battle heats up

2012-12-28 07:45

US President Barack Obama will host top congressional leaders including his Republican rivals in a last-ditch bid to halt America's slide over the so-called fiscal cliff.

Oil mixed on US fiscal cliff worries

2012-12-27 07:15

Oil prices were mixed in thin Asian trade on continued uncertainty on whether a deal to avert the US fiscal cliff could be reached by the year-end deadline.

Rand weakens as risk appetite sours

2012-12-21 09:34

The rand weakened against the dollar with global risk appetite turning negative as negotiations on measures to avoid a recession in the US stalled.

US fiscal cliff talks falter

2012-12-20 08:00

US President Barack Obama and Speaker John Boehner have duelled over the fiscal cliff and are still at odds over how to avoid tax hikes and spending cuts.

Asian shares inch higher

2012-12-18 07:41

Asian shares crept higher, tracking US stocks, as fresh signs of compromise maintained a new optimism that the US "fiscal cliff" budget tussle could be settled.

World economy in deep trouble

2012-12-03 15:33

The global economy is on edge - and that's without the US "fiscal cliff."

It is not a fiscal cliff

2012-11-30 08:13

Listening to the terms rolling around the world's mainstream media, one would think the global economy is going to tank when the US' "fiscal cliff" kicks in, says Simon Williamson.


Obama signs fiscal cliff legislation

2013-01-03 07:57

President Barack Obama has signed legislation that raises tax rates for top earners and extends tax cuts for the middle class, the White House says.

Dollar firms after US fiscal cliff deal

2013-01-03 07:43

The dollar firmed after the US Congress struck a last-minute fiscal deal to avoid most of the punishing tax hikes that could have jolted the economy back into recession.

Investors agonise as fiscal cliff nears

2012-12-31 07:45

Markets across Asia and Western Europe are either closed or closing early, as the US Congress and the White House still wrestle with the impending fiscal cliff.

Asian markets climb

2012-12-27 21:30

Asian shares rose on hopes for a last-minute deal to avert the US fiscal cliff despite warnings from a leading Democrat that an agreement is unlikely before the deadline.

US to reach debt limit on New Years Eve

2012-12-27 07:30

The United States government will reach its statutory $16.39 trillion debt limit - a ceiling imposed by Congress on December 31, Treasury Secretary Timothy Geithner says.

Asian stocks dip on fiscal cliff fears

2012-12-21 07:38

Asian markets mostly fell after Republicans scrapped a vote on putting in place a back-up plan if talks on averting the US fiscal cliff end in failure.

JSE off all-time high on US concerns

2012-12-20 10:54

The JSE is a little softer‚ albeit still above the 39 000 point threshold‚ as concerns about the looming US fiscal cliff have flared up again.

SA stocks on a winning streak

2012-12-19 10:06

SA stocks hit fresh lifetime highs as demand for riskier assets was lifted by expectations of a more aggressive monetary stimulus from Japan.

Hopes rise for US fiscal cliff deal

2012-12-18 07:59

The differences over how to resolve the fiscal cliff have narrowed significantly as President Obama made a counter-offer to Republicans.

US stocks rise on fiscal cliff hopes

2012-12-18 07:37

US stocks rose amid Wall Street hopes of a political compromise that would prevent the economy from going over the "fiscal cliff" in two weeks.

Asian shares edge up

2012-12-11 07:44

Asian shares edged higher while the euro steadied, but prices were capped as investors waited for the US Federal Reserve's policy decision.

Tough talk as US 'fiscal cliff' looms

2012-12-03 11:54

A sense of deja vu gripped Washington as Democrats and Republicans locked in brinkmanship over taxes and spending, with pundits calling for a deal to be struck urgently.

US fiscal cliff talks stall

2012-11-30 07:59

US Democrats and Republicans bickered over whether to raise taxes on the wealthiest Americans, as crunch negotiations on avoiding the so-called fiscal cliff stalled.

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