Rising oil expense is prompting forecasts of your revisit $100 a barrel the first time since 2014, creating both winners and losers on the earth economy.
Exporters with the fuel would enjoy bumper returns, giving a fillip to companies and government coffers. In comparison, consuming nations would bear the cost...
The rand is undervalued and there is scope with the currency to boost to as much as 11 per dollar, said Colin Coleman, head of sub-Saharan Africa at Goldman Sachs.
The currency fell towards the weakest level in additional than couple of years this month after data showing the economy...
Oil extended gains on the highest level in almost 4 years as investors grapple with doubts over Opec's opportunity to replace falling exports from Iran.
Futures rose nearly 0.4% in Los angeles after closing Monday with the highest since November 2014. In Iran, crude exports declined recommended to their lowest...
The rand retreated in early stages Monday, consistent with falls in local bonds and stocks, as investor appetite for riskier assets was muted.
The rand was 0.27% weaker at 14.19 per dollar at 0702 GMT, having closed in Nyc at 14.15.
The currency is required to trade between 14.05 and 14.35...
Wall Street climbed on Thursday, helped by gains in Apple, Alphabet and Facebook, as well as the US Federal Reserve’s confidence within the strength from the economy after it raised rates to the third time this year.
Eight from 11 sectors rose, using the S&P 500 communication services index, recently...
Emerging finance industry is rebounding through the second-quarter horror show and also for the rand, October still holds large risks.
Two events, for example, loom large: Finance minister Nhlanhla Nene's Medium-Term Budget Policy Statement, plus a report on the country's credit ratings . by Moody's Investors Service.
The rand rebounded 3.9%...
Seba Crypto AG, a Swiss financial services company run by ex-UBS Group AG bankers, claimed it raised money the way it seeks in becoming among the list of world's first regulated banks and let consumers trade fiat money into cryptocurrency.
The Zug-headquartered company stated it secured 100 million Swiss francs...
