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RPT--China April industrial profit growth rebounds to 6-month high

03h10 Profits earned by Chinese industrial firms in April rose at their fastest pace in six months, data from the National Bureau of Statistics (NBS) showed on Sunday, as factories benefited from higher prices. . .  Full story

Oil prices fall as top 3 producers look to boost supplies

03h35 Oil prices fell on Monday, extending a steep decline in the previous session, as the market eyed an increase in output from the world's three top crude producers, Russia, the United States and Saudi. . .  Full story

Australia shares to slide; NZ down

00h13 Australia shares are expected to fall on Monday, with material and energy stocks set to decline on weaker oil and select base metal prices. Banks are inclined to dip, following. . .  Full story

South Africa investigates $80 million bitcoin scam

25/05 South African authorities are investigating an alleged cryptocurrency scam that defrauded investors of 1 billion rand ($80 million) with promises of huge returns that never materialised, police said on Friday.. . .  Full story

Brazil's Temer makes concessions to lure truckers back to work

04h33 Brazil's President Michel Temer announced late on Sunday new measures to reduce operating costs for truckers in a bid to end a week-long protest that has severely hampered the flow of food, fuel and. . .  Full story

Fortescue Metals to develop $1.3 bln iron ore project in Western Australia

01h39 Australia's Fortescue Metals Group Ltd , the world's fourth largest iron ore miner, said its board has approved the development of a $1.28 billion mine and rail project in Western Australia, in a bid. . .  Full story

Gold dips slightly as Trump says North Korea talks may continue

25/05 Gold prices dropped slightly on Friday, but still remained above $1,300 per ounce as investors digested news of U.S. President Donald Trump saying a meeting with North Korea's leader could still go ahead.. . .  Full story

Oil sinks while stocks gain on North Korea, euro shaken by Italy

05h17 U.S. oil futures hit six-week lows on expectations major producers may ease output curbs on Monday, while Asian stocks and U.S. share futures gained on signs the United States and North Korea were still. . .  Full story

Gold dips on revived hopes of U.S.-N.Korea summit

05h20 Gold prices fell on Monday on revived hopes of a U.S.-North Korea summit, while a strong dollar also weighed on the market. Spot gold. . .  Full story

S.Korean prosecutors raid Samsung Sec office over fat finger trade

04h00 South Korean prosecutors searched Samsung Securities' head office as part of their investigation into the brokerage's recent fat finger error.. . .  Full story

Most Read Yesterday

South Africa investigates $80 million bitcoin scam

25/05 South African authorities are investigating an alleged cryptocurrency scam that defrauded investors of 1 billion rand ($80 million) with promises of huge returns that never materialised, police said on Friday.. . .  Full story

India's Mahindra opens first assembly plant in South Africa

25/05 Indian automaker Mahindra and Mahindra has opened its first assembly plant in South Africa, which it sees as a launchpad to export vehicles to the rest of the continent, the chief. . .  Full story

ATON raises bid for South Africa's Murray & Roberts, ups stake to 44 pct

25/05 German investment house ATON raised its takeover offer for Murray & Roberts by about 13 percent to $426 million on Friday, attempting to secure investor backing after the South African builder. . .  Full story

Old Mutual - results of shareholder meetings

25/05 Old Mutual plc (˘Old Mutual÷ or the ˘Company÷) announces that at the first court meeting, the second court meeting and the general meeting of Old Mutual shareholders each held earlier. . .  Full story

South Africa seen nudging up maize output estimate

25/05 The estimate for South Africa's 2018 maize harvest is expected to be raised slightly due to favourable weather conditions, with seasonal dry weather allowing for harvesting operations to get underway.. . .  Full story

Kenya moves to regulate fintech-fuelled lending craze

26/05 Kenya built a reputation as a pioneer of financial inclusion through its early adoption of a mobile money system that enables people to transfer cash and make payments on cellphones without. . .  Full story

Old Mutual - court meetings & general meeting

25/05 Old Mutual will hold a General Meeting (the ˘General Meeting÷) and two further shareholder meetings convened with the permission of the UK Court (the ˘Court Meetings÷) from 10.30am (UK time) on. . .  Full story

China April industrial profit growth rebounds to 6-month high

27/05 Profits earned by Chinese industrial firms in April rose at their fastest pace in six months, data from the National Bureau of Statistics (NBS) showed on Sunday, as factories benefited from higher prices. . .  Full story

MTN - results of MTN Zakhele Futhi Offer

22/11 Unless defined in this announcement or if the context dictates otherwise, capitalised terms used in this announcement have the same meanings as given in the circular to MTN Shareholders dated 6. . .  Full story

Daimler faces scrutiny of 120,000 Vito, C-Class diesels -BamS

27/05 Daimler faces an investigation of 40,000 diesel Vito vans and 80,000 C-Class model cars for possible illicit software that allowed the vehicles to emit excess pollution without detection, Bild am Sonntag reported, citing no sources.. . .  Full story

Most Read This Month

Steinhoff flags H1 loss as restructuring wipes out sales gain

18/05 South African retailer Steinhoff, which has been embroiled in an accounting scandal, expects to report a first-half net loss as costs related to restructuring, losses on asset sales and litigation offset. . .  Full story

South Africa's Murray & Roberts agrees to buy Aveng

18/05 South African-based Murray & Roberts has agreed to buy construction firm Aveng Limited, although its biggest shareholder ATON said it will not support the one billion rand ($78.5 million) takeover.. . .  Full story

South Africa investigates $80 million bitcoin scam

25/05 South African authorities are investigating an alleged cryptocurrency scam that defrauded investors of 1 billion rand ($80 million) with promises of huge returns that never materialised, police said on Friday.. . .  Full story

South Africa agrees modest wage deal with state workers

21/05 South Africa's public sector workers will see their pay rise by slightly more than inflation after the government -- which is struggling to curb a large budget deficit -- clinched a. . .  Full story

South Africa's finmin Nene says outlook for tax revenues unchanged

22/05 South Africa Finance Minister Nhlanhla Nene said on Tuesday that the outlook for tax revenues remain unchanged, in a blow to the chances of reducing the budget deficit.. . .  Full story

South Africa's Murray & Roberts agrees to buy Aveng

19/05 South African-based Murray & Roberts has agreed to buy construction firm Aveng Limited, although its biggest shareholder ATON said it will not support the one billion rand ($78.5 million) takeover.. . .  Full story

South African rand falls to new 5-month low vs dollar

21/05 South Africa's rand tumbled to a new five-month low against the dollar early on Monday as the greenback rose amid hopes for an easing of trade tensions between the United States. . .  Full story

Crisis-hit Steinhoff repays $2.3 billion African debt

23/05 Scandal-hit South African retailer Steinhoff has repaid about 2 billion euros ($2.34 billion) of its debt in Africa after its local unit used the proceeds of a fundraising to pay back. . .  Full story

Dis-Chem final results February 2018

04/05 Revenue for the year increased by 13.3% to R20.3 billion (2017: R17.9 billion), gross profit rose 13.3% to R4.8 billion (2017: R4.2 billion), operating profit decreased by 0.1% to R1.125 billion. . .  Full story

South Africa sells $2 bln of bonds in over-subscribed deal

16/05 South Africa sold $2 billion of bonds maturing in 2030 and 2048 on international capital markets in a deal to finance the government's foreign-currency commitments, the finance ministry said on Wednesday.. . .  Full story

Long4Life final results February 2018

09/05 The group changed year end and this represents the maiden final results for February 2018, therefore there are no comparatives.The group's revenue for the period ended 28 February 2018, generated from. . .  Full story

South African rand steadies ahead of rates decision, stocks tumble

23/05 South Africa's rand steadied against the dollar in late afternoon trade on Wednesday, recovering from losses earlier in the session, as a rise in consumer price inflation (CPI) reduced prospects for. . .  Full story

South Africa authorities halt flights of state-run SA Express over safety

24/05 South Africa's Civil Aviation Authority (SACAA) said on Thursday it had suspended all flights of state-run airline SA Express over safety concerns.. . .  Full story

Over $40 million of fuel stolen from Shell refinery, Singapore court docs show

22/05 Singapore authorities have levied new charges against a group of fuel thieves operating at Royal Dutch Shell's oil refinery in the city-state, raising the value of the stolen fuel to over $40 million from. . .  Full story

South Africa's Vodacom cuts dividend payout after earnings miss

14/05 South African mobile phone operator Vodacom Group disappointed investors with lower than expected full-year earnings and a cut in its dividend payout on Monday.. . .  Full story

South Africa's Eskom evacuates Kusile contractors after protest

18/05 South African power utility Eskom said on Friday it had evacuated all contractors at its Kusile power station following a violent pay-related protest.. . .  Full story

South Africa appoints interim board at troubled state firm Transnet

15/05 South African Public Enterprises Minister Pravin Gordhan has removed three board members at troubled state-owned logistics firm Transnet and appointed an interim board, the Public Enterprises Ministry said on Monday.. . .  Full story