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Today's News

Asia stocks fall as Trump ditches Kim summit, but Europe rebounds Fri, 25 May 2018 13:53:02 +0200

Asian markets have mostly fallen as US President Donald Trump abruptly axed next month's summit with North Korean leader Kim Jong Un.


Oil heads for weekly loss as OPEC and partners mull easing curbs Fri, 25 May 2018 10:45:34 +0200

Oil is poised to post its first weekly decline in almost a month as Saudi Arabia and Russia said they’re discussing easing global output cuts.


European equities rise at open Fri, 25 May 2018 10:30:33 +0200

European stocks have advanced at the open, rebounding from the previous day's losses that were sparked by US President Donald Trump's decision to axe a summit with North Korea.


Rand slips ahead of S&P ratings call Fri, 25 May 2018 12:59:01 +0200

The rand was trading weaker ahead of ratings agency S&P's credit rating decision on South Africa.


Global stocks fall on North Korea, new Trump trade worries Fri, 25 May 2018 09:23:33 +0200

Global stocks have slid, with persistent global trade worries compounded when Washington suddenly cancelled a nuclear summit with North Korea.


Tokyo stocks close mixed after Trump cans N.Korea summit Fri, 25 May 2018 09:20:27 +0200

Tokyo stocks have closed flat, shored up by bargain hunting after pessimism from Washington's cancellation of a planned summit with North Korea.


Hong Kong stocks down by break Fri, 25 May 2018 09:18:13 +0200

Hong Kong stocks have ended slightly lower as investors were spooked by Donald Trump's decision to pull out of next month's historic meeting with North Korean leader Kim Jong Un.


Asian stocks hit as Trump drops Kim summit Fri, 25 May 2018 07:31:03 +0200

Asian markets mostly fell as Donald Trump shocked the world by pulling out of next month's historic summit with Kim Jong Un.


Cryptos are tokens, not currency, says SARB Fri, 25 May 2018 07:03:33 +0200

The South African Reserve Bank chooses to call digital currencies such as Bitcoin “cyber-tokens” because they don’t meet the requirements to be classified as money.


JSE loses steam to end the day in the red Thu, 24 May 2018 18:55:59 +0200

The JSE closed softer on Thursday after the local bourse failed to grasp onto its earlier gains.


TECHNICAL ANALYSIS: JSE resource index starts correction mode Fri, 25 May 2018 07:56:17 +0200

The JSE resources 10 index has started an expected sell-off, having hit a significant resistance line, a move that will eventually result in another buying opportunity, says an analyst.


Oil extends slide as Russia talks of easing OPEC supply curbs Thu, 24 May 2018 13:55:21 +0200

Oil has declined for a third day in New York after Russia’s energy minister reiterated that OPEC and its partners will discuss phasing out supply curbs.


European equities mostly rise on bargain hunting Thu, 24 May 2018 12:57:47 +0200

Most European stock markets have risen as investors fished for bargains, but London fell on the strong pound, dealers say.


RAND ANALYSIS: What next for unit as it hits worst level of 2018? Fri, 25 May 2018 16:42:09 +0200

Volatility is nothing new to the rand but considering the calm there has been since the start of 2018, this has been quite a thump back to reality for some, says James Paynter.


Hong Kong stocks up by break Thu, 24 May 2018 10:11:21 +0200

Hong Kong shares have ended the morning session slightly higher as lingering worries over China-US trade and Donald Trump's planned summit with Kim Jong Un offset a less hawkish tone.


Tokyo's Nikkei index closes down for third straight session Thu, 24 May 2018 10:06:02 +0200

Tokyo's benchmark Nikkei index has fallen for the third consecutive session, with automakers battered by news that Washington was considering possible tariffs on automobile imports.


Fed inflation signals spur Wall Street turnaround Thu, 24 May 2018 08:11:12 +0200

Wall Street swung to a positive finish, with stocks boosted by Federal Reserve minutes which said the central bank may be willing to let inflation run slightly higher.


Tokyo stocks open lower as yen firms Thu, 24 May 2018 07:59:59 +0200

Tokyo stocks opened lower as the yen edged up against the dollar on higher oil prices, with lingering concerns about the potential delay of a US-North Korea summit.


Asian investors shift cautiously, autos hit by US tariff threat Thu, 24 May 2018 07:46:16 +0200

Asian markets were with traders concerned about the China-US trade deal and Donald Trump's summit with Kim Jong Un.


Rand runs as Turkey props up lira with massive emergency rate hike Wed, 23 May 2018 22:56:49 +0200

The rand is expected to continue the claw-back of gains made following an improvement in risk sentiment late last week.


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