04/12 Round-up of South Korean financial
** South Korean shares shed more than 1% on Wednesday after U.S.
President Donald Trump's remarks undermined optimism for a quick
initial trade deal with China. The won and the benchmark bond
** By 0214 GMT, the Seoul stock market's m
15/08 South African fashion
retailer TFG will decide next year whether to continue
trading in Kenya and Ghana where it has at least six stores in
each market, Chief Executive Officer Anthony Thunstrom said on
29/11 Anglo-South African
financial services group Investec expects to
raise about 189 million pounds ($242 million) from the sale of
around 10% of its asset management business, which will be
renamed Ninety One when it is spun off in March.
04/12 The following company announcements, scheduled economic
indicators, debt and currency market moves and political events may affect African markets on
- - - - -
Asian shares. . .
03/12 The process of establishing the
assets of the late Robert Mugabe will take some time, his lawyer
said on Tuesday, casting doubt on a state media report that the
former Zimbabwean leader left $10. . .
03/12 South Africa's rand fell
sharply on Tuesday after third quarter economic growth showed a
surprise contraction, underlying the weak state of the economy
and growing risk of credit downgrades.. . .
20/11 Unions are escalating a
crippling strike at South African Airways (SAA) after talks
broke down, leaving the state-run carrier at risk of liquidation
without a government guarantee to secure bank funding, a board
member said.. . .
29/08 South African construction
group Aveng on Thursday said its net operating loss
more than doubled in the latest financial year, highlighting the
challenges the company faces as it embarks on a turnaround
strategy.. . .
04/12 Gold prices on Wednesday hovered near a
one-month high hit in the previous session, as comments from
U.S. President Donald Trump dashed market hopes for a quick
preliminary agreement with China, driving support for. . .
04/12 Nickel prices slid on Wednesday,
with the Shanghai benchmark hitting its lowest in more than four
months, on concerns that an expanded and longer trade war may
dent demand for the key ingredient in. . .
04/12 Oil prices rose on Wednesday ahead
of a meeting of OPEC and its allies to discuss whether to extend
production curbs to support the market, while industry data
showing that U.S. crude stockpiles fell. . .
04/12 Police in Hong Kong this week
re-entered the campus of a university it besieged for more than
10 days last month, gathering newly discovered chemicals and
petrol bombs hoarded by anti-government protesters in the
Chinese-ruled. . .
04/12 Capital investment by
Chinese firms has ground to its slowest pace in three years, as
a weakening economy, tight credit and prolonged trade war with
the United States dent sales growth and cash reserves,. . .
04/12 The institutional tranche of Saudi
Aramco's planned initial public offering (IPO) has been almost
three times oversubscribed, receiving orders worth 189.04
billion riyals ($50.4 billion), financial advisers for the IPO
said on Tuesday.. . .
04/12 India's dominant services
sector bounced back to growth in November, expanding at its
fastest pace in four months, driven by a strong pick-up in new
business, a private sector survey showed on Wednesday.. . .
04/12 The yuan dropped to its weakest
level since late October on Wednesday as U.S. President Donald
Trump once again threatened to extend the 17-month long trade
war with China, raising the spectre of fresh. . .
04/12 The Australian dollar slipped from
three-week highs on Wednesday after disappointing domestic data
underlined expectations for additional rate cuts and offset more
upbeat economic news from China.. . .
04/12 Asian shares extended their
losses on Wednesday after U.S. President Donald Trump said a
trade deal with China might have to wait until after the 2020
presidential election, dashing hopes for a quick. . .
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