Brexit breakthrough struck as path cleared for tough trade talks

2017-12-08 10:30

The UK and the European Union have struck a deal to unlock divorce negotiations, opening the way for talks on what businesses are keenest to nail down.

Unemployment claims at five-week low show resilient US job market

2017-12-07 15:44

Applications for unemployment benefits in the US have declined to a five-week low, consistent with a resilient labour market, according to Labour Department figures.

US tax cuts seen giving modest growth boost, survey shows

2017-12-04 09:45

Fiscal stimulus, including tax cuts, will deliver a modest boost to the US economy in the next two years, although many economists also expect a recession during that time.

Hong Kong property to slow if Fed delivers rate hikes - IMF

2017-11-29 10:39

House prices in Hong Kong, the world’s most expensive real estate market, could cool next year if the Federal Reserve delivers the rate hikes it has projected.

Paralysis grips SA government in 5 key ways amid ANC vote

2017-11-29 07:36

An acrimonious battle for control of the ANC has paralysed several government departments, as ruling party leaders focus on electioneering and officials delay taking decisions until they learn who their new political masters will be.

Get ready to feel the pain as SA’s ratings drop further

2017-11-26 05:59

Get ready for more job cuts and hikes in food and fuel prices now that S&P Global has downgraded South Africa’s credit rating to junk status.

AS IT HAPPENED: Police called out for #BlackFriday shopping

2017-11-24 06:02

The mega shopping phenomenon known as Black Friday, which originated in the US, has taken SA by storm, with people braving long queues since midnight to get massively discounted goods.

German trade boosts economic growth as political risks rise

2017-11-23 10:47

Exports and investment have propelled German growth in the third quarter, putting it in a strong position to weather rising political uncertainty after coalition talks collapsed.

Key ANC ally seeks to limit Zuma's powers on Cabinet reshuffle

2017-11-22 15:57

Trade union federation Cosatu is seeking to alter the balance of power in its alliance with the ANC, and wants the party to change its constitution to limit President Jacob Zuma's power.

Mugabe's downfall could be good business for China

2017-11-21 15:28

China has seen its influence rise in Zimbabwe during Robert Mugabe’s nearly four decades in power, becoming one of the African nation’s largest trading partner and biggest foreign investor. Beijing might gain even more if he goes.


China import growth seen tumbling in 2018 after bumper year

2017-12-08 09:51

The pace of China’s import growth is set to slow in 2018 after a boom this year.

Eleventh hour Brexit upset sets new deadline for Theresa May

2017-12-05 11:48

Theresa May has come closer than ever to the Brexit deal she’s been working on for months but a last-minute upset over the Irish border left all parties embarrassed.

UK house prices barely rise as income squeeze hits confidence

2017-11-30 11:59

UK house-price growth has barely risen this month, according to Nationwide Building Society, which said demand is being partly restrained by weaker consumer sentiment.

UK and EU agree to Brexit divorce bill, Irish hurdle remains

2017-11-29 10:08

UK and the European Union negotiators have reached an outline deal on the divorce bill that Britain will pay when it leaves the bloc, clearing a hurdle in talks.

‘Local business is contributing’ to the econonmy

2017-11-26 08:54

This week, Business Leadership SA (BLSA) released snippets of its research report, compiled by economic consultancy Quantec Research, stating that it was intended to prove that its members are not on an investment strike.

The Ramaphosa trade: Long on SA's fortunes, but for how long?

2017-11-24 16:17

Of the ANC presidential front runners, it is not difficult to see why betting on Ramaphosa means to be initially long on South Africa's fortunes, but it's doubtful that can last long, says Gwen Ngwenya.

Eurozone companies create jobs at fastest pace in 17 years

2017-11-23 11:49

The eurozone economy has picked up momentum in November as companies boosted hiring at the fastest pace in 17 years to work through their backlog of orders.

As Brexit breakthrough nears, EU's trade plan said to fall short

2017-11-23 09:19

The European Union is ready for an offer from Theresa May that could unlock Brexit trade talks.

BoE defends guidance on way ahead for UK interest rates

2017-11-21 15:30

Bank of England officials say they see no need to change how they communicate the outlook for interest rates after the central bank started tightening policy this month.

Economic performance not just down to policy - IMF researcher

2017-11-20 21:00

Although having the right policy is necessary in fixing economic problems, it is not the only factor that needs to be considered, says an IMF researcher.

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