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.

Oil down as fiscal cliff euphoria fades

2013-01-03 07:47

Oil prices were down in Asian trade as the initial euphoria over the fiscal cliff deal in the United States faded, analysts say.

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.

Futures edge higher as cliff talks go on

2012-12-31 07:40

Equity futures were slightly higher as talks continued in Washington over resolving the "fiscal cliff."

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.

Asian shares up with eye on fiscal cliff

2012-12-27 08:06

Asian shares have risen amid caution about the chances of US lawmakers striking a deal to avoid a fiscal crunch by December 31.

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 stocks gain amid fiscal cliff hopes

2012-12-21 07:36

US stocks swung higher as the market appeared to show optimism about a deal in Washington to prevent the economy from going over the fiscal cliff.


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.

US fiscal cliff facts

2012-12-31 12:20

The so-called fiscal cliff is a combination of dramatic spending cuts and tax increases mandated to take effect from January.

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.

US lawmakers seek last-gasp fiscal deal

2012-12-30 08:45

After weeks of failed haggling, the fiscal cliffhanger is at hand as US lawmakers convene in a bid to strike a year-end deal.

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.

Oil dips as fiscal cliff approaches

2012-12-23 21:15

Oil prices fell, just eight days before the US arrives at the "fiscal cliff" deadline without a budget agreement in place.

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.

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