11/10 Steinhoff's shares fell more than 9 percent on Thursday to a near two-month low after a global market rout and a report by Bloomberg saying the retailer's former CEO advised friends to sell the firm's stock days before the shares collapsed.
15/10 South Africa's Nedbank Group Ltd said on Monday it will buy back its stock from shareholders who hold less than 100 Nedbank shares as a result of a spin-off by its biggest shareholder Old Mutual.
16/10 Ratings agency Moody's said on Tuesday that it expected new South African Finance Minister Tito Mboweni to keep the government's broad policies intact in the medium-term budget speech due next week.. . .
16/10 Revenue was higher at R72.3 million (R28.8 million), operating loss came to R5.2 million (R3.2 million) and loss for the six months was recorded at R6.1 million (R2.2 million). Furthermore, headline. . .
16/10 South Africa's rand firmed
against a softer dollar on Tuesday, its strongest since the
start of the month, in line with other emerging-market
currencies which have slowly restored gains after recent sharp
losses.. . .
06h01 Even as crude prices hover near
four-year highs, U.S. oilfield service firms' third-quarter
results due out in coming days will reflect a shaky recovery, as
their customers face drilling constraints and pressure to hold
05h46 SoftBank Group
Chief Operating Officer Marcelo Claure said on Tuesday it is
"business at usual" at companies backed by its nearly $100
billion Vision Fund despite a tense situation with Saudi Arabia,
which provided nearly half of the fund's capital.
05h14 Oil prices extended gains into a
fourth session on Wednesday, buoyed as industry data showed a
surprise decline in U.S. crude inventories and as geopolitical
tensions over the disappearance of a prominent Saudi journalist
stoked. . .
04h37 Japan's Nikkei share average
hit a six-day high on Wednesday, continuing its recovery
from last week's sharp downturn with technology stocks supported
by a turnaround in their Wall Street peers.. . .
01h00 China's central bank is
increasingly expected to cut the amount of funds banks need to
hold as reserves next year as the government looks to funnel
cash into an economy hit by slowing domestic. . .
04h32 Asian equities got some welcome
relief on Wednesday after upbeat U.S. earnings reports drove a
rebound on Wall Street and helped restore a little faith in
emerging market stocks and currencies.. . .
15/10 Sixty people were killed after a
fire broke out on Friday on an oil pipeline in the southeast of
Nigeria, a spokesman for the National Emergency Management
Agency (NEMA) said on Monday, up from. . .
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