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Today's News

Asian markets rise as energy firms are boosted by oil surge Wed, 26 Sep 2018 06:36:37 +0200

Most Asian markets rose on Wednesday with energy firms surging with oil prices, while traders await the conclusion of a key Federal Reserve policy meeting.


Choppies gets chopped as JSE sees red Tue, 25 Sep 2018 19:29:45 +0200

Equity markets opened the week deep in the red on Tuesday after the Heritage Day public holiday on Monday.


US stocks little changed ahead of Fed decision Tue, 25 Sep 2018 16:34:49 +0200

Wall Street stocks have treaded water ahead of a Federal Reserve announcement this week that will update the market on the central bank's US economic outlook.


Rand steady ahead of Fed rates announcement on Wednesday Tue, 25 Sep 2018 11:48:37 +0200

Analysts expect the US central bank to hike rates by 25 basis points from 2.00% to 2.25% on Wednesday afternoon.


Equities drop as US-China trade row deepens Tue, 25 Sep 2018 10:27:43 +0200

Stocks have fallen across the globe as US tariffs on an additional $200bn of Chinese imports kicked in, clouding the global economic outlook.


Asian markets mostly up but trade row keeps dealers on edge Tue, 25 Sep 2018 10:22:36 +0200

Asian markets have mostly risen but investors remained on edge after the latest tit-for-tat tariffs in the China-US trade row.


Tokyo's Nikkei index rises to eight-month high on weak yen Tue, 25 Sep 2018 10:12:37 +0200

Tokyo's benchmark stock index has risen to an eight-month high thanks to a weaker yen, while investors focused on Japan's upcoming trade talks with the United States.


Dow, S&P 500 fall on latest US-China trade barbs Tue, 25 Sep 2018 10:04:53 +0200

The latest escalation in the US-China trade row has weighed on industrial stocks, pushing the Dow and S&P 500 lower.


Bad news for motorists as Brent oil boils over $80 Tue, 25 Sep 2018 07:04:17 +0200

Brent oil soared close to $81, reaching the highest level since November 2014 after OPEC and other global producers snubbed pressure from US President Donald Trump to dampen prices.


Ether cryptocurrency, a victim of blockchain success Sun, 23 Sep 2018 16:32:30 +0200

For all the attention afforded bitcoin, it is its rival ether that is hitting the headlines, with the popularity of its blockchain technology Ethereum driving concerns that have sent investors fleeing.


Global markets breeze higher on growth outlook Fri, 21 Sep 2018 19:09:56 +0200

Global stock markets rose Friday as optimism on the US economic outlook outweighed lingering trade war worries, dealers said.


JSE rallies as Ramaphosa announces economic stimulus plan Fri, 21 Sep 2018 17:56:18 +0200

The JSE rallied to close firmer following the announcement of the economic stimulus plan by President Cyril Ramaphosa.


UPDATE: After firming, rand weakens in wake of stimulus announcement Sat, 22 Sep 2018 10:19:43 +0200

The rand initially firmed 0.65% to R14.19/$ following the release of President Cyril Ramaphosa's R50bn economic stimulus package, but subsequently weakened to trade at R14.36/$.


S&P, Dow soar to record highs as trade fears abate Fri, 21 Sep 2018 09:36:49 +0200

US stock benchmarks reached new highs on news from China about tariff and currency moves that could ease trade tensions. The dollar slid.


Ramaphosa's stimulus plan could push rand to R14/$ Fri, 21 Sep 2018 10:49:08 +0200

The rand started Friday off on the front foot as traders await President Cyril Ramaphosa's stimulus package.


It's high times for soaring marijuana stocks on Wall Street Fri, 21 Sep 2018 07:46:13 +0200

Marijuana stocks have made gigantic gains as Canada prepares to legalise the drug, and billions of dollars have flowed into the sector as investors and companies start to evaluate the pot market.


JSE firms as markets shift attention from trade war Thu, 20 Sep 2018 19:13:36 +0200

The JSE has firmed along with other major global markets as focus shifted from the Sino-USA trade war.


Tokyo stocks close flat after PM Abe's win Thu, 20 Sep 2018 11:13:09 +0200

Tokyo stocks have closed flat, with traders taking Prime Minister Shinzo Abe's widely expected victory in the party leadership election in their stride.


European equities stabilise at open Thu, 20 Sep 2018 11:03:38 +0200

Europe's main stock markets have opened on a stable note, with London's benchmark FTSE 100 index virtually unchanged at 7 332.41 points.


Asian markets edge up but rally wobbles Thu, 20 Sep 2018 11:01:08 +0200

Most Asian markets have risen but their recent rally lost its legs, though emerging market currencies held their own after Beijing's pledge not to weaponise the yuan.


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