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...
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...
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%...
Factory activity in Asia weakened in September, with many different trade- reliant economies seeing a slump in export orders from a sign that escalating US-China tensions think about a toll on business confidence.
Rising raw material expenses are also squeezing profits for Asian manufacturers, raising questions over future investment and...
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 steadied on the highest level in almost four years as supply crunch fears outweighed expectations to have an rise in American crude inventories.
Futures in Nyc were little changed to trade near $75 a barrel. Supply losses from Iran to Venezuela continued to rattle markets, boosting volatility and driving...
