Indices

Mining stocks lead TSX higher

Canada's main stock index opened higher on Friday, with mining shares leading gains at the close of a week filled with highly anticipated central bank meetings. At 9:30 a.m. ET,...

Nasdaq seeks more power to block IPOs vulnerable to manipulation

Nasdaq on Friday proposed a new rule that would allow the exchange to block IPOs even when companies meet all listing standards if it detects red flags that could make a company's stock vulnerable to...

South African inflation expectations fall after setting of 3% target

Expectations for inflation in South Africa in 2026 have dropped sharply since the finance minister announced a lower 3% inflation target, a fourth quarter survey of business people, trade union...

South Africa's ANC says it needs to reform to regain support

South Africa's African National Congress, the liberation movement that brought Nelson Mandela to power, said it was facing a crisis over corruption, poor governance, and persistent racial inequality,...

India gold discounts widen as prices hit record high; China demand muted

Gold discounts in India widened this week as demand fell despite the wedding season after prices scaled record highs, while Chinese demand remained muted amid volatility and high spot prices. ...

Senegal loans offered at steep discounts as debt worries deepen, sources say

Senegal's short-term commercial loans are on offer at steep discounts, four finance industry sources told Reuters, highlighting concerns about the indebted West African country's ability to meet...

AFRICA-FX-Ghanaian and Zambian currencies could slip

The Ghanaian and Zambian currencies could lose ground against the dollar in the next week to Thursday, while those of Kenya, Nigeria and Uganda are expected to be little changed, traders said. ...

US threatens cuts to South Sudan aid over humanitarian fees

NAIROBI, Dec 11 - The United States threatened on Thursday to reduce its foreign assistance to South Sudan unless Juba lifts what it said were illicit fees on humanitarian shipments. In...

South African business confidence index surges in November, mainly on tourism

A barometer of South African business confidence surged in November, but the organisation that compiles the data cautioned against reading too much into it, pointing out that some indicators of...

South African rand eases after release of local data

The South African rand edged lower against the dollar on Thursday following local data releases, including formal sector employment, mining and manufacturing reports, and a business confidence index. ...

Japan's government reportedly plans new tax breaks despite debt concerns

Japan's government plans to introduce additional tax breaks to spur corporate investment, the Nikkei business daily reported on Thursday - a move which comes despite growing concerns in financial...

India stock benchmarks set to open higher after Fed rate cut

India's equity benchmarks are poised to open higher on Thursday after three sessions of losses, buoyed by the U.S. Federal Reserve's widely expected 25-basis-point rate cut, which could limit foreign...

Japan plans tax breaks to spur capital spending, Nikkei reports

Japan's government plans to introduce additional tax breaks to spur corporate investment, the Nikkei business daily reported on Thursday, even though the administration and ruling coalition have begun...

US to host meeting of G20 officials without South Africa's participation, sources say

The U.S. will convene a meeting of officials from the Group of 20 major economies starting on Monday to kick off planning for next year, when it holds the group's rotating presidency, sources familiar...

Trump had several constructive interactions with Brazil's Lula on trade, Trade Representative Greer says

President Donald Trump has had several constructive interactions on trade with Brazilian President Luiz Inacio Lula da Silva, and the Latin American country seems to be a willing partner, U.S. Trade...

South Africa's Transnet signs deal with ICTSI to upgrade main container terminal

South African state logistics group Transnet signed a 25-year deal with Philippines-headquartered terminal operator ICTSI on Wednesday to upgrade the African country's busiest container terminal in...

US House committee approves Africa trade bill, no mention of South Africa exclusion for now

A U.S. House committee on Wednesday approved a bill that would renew for another three years Washington's preferential trade programme for Africa, and there was no immediate mention of excluding South...

US farmers say Trump's $12 billion aid package won't cover losses

STORY: U.S. farmers facing steep losses this year say President Donald Trump's $12 billion aid package will fall far short of what's needed to offset the income they've lost to collapsing crop prices...

South Africa's Mr Price makes European debut through German value retailer deal

South African fashion retailer Mr Price has agreed to buy NKD Group, a German-based discount retailer, for up to 487 million euros , marking its entry into the European market. Mr Price...