The debt crisis in Europe, which holds around 35 percent of South African government debt, could hit local bonds if it worsens, pushing yields higher than expected, Treasury Director-General Lungisa Fuzile said on Monday.
Glencore , the world's largest diversified commodities trader, has booked a supertanker to store part of the nearly four million barrels of gas oil it purchased in July, industry sources said on Monday.
Money market funds face uncharted waters if a debt deal is not reached soon in Washington, but Joe Morgan is not ready to abandon ship.
Japan's top government spokesman welcomed the U.S. debt ceiling agreement on Monday and said he hoped it would stabilise markets.
After losing the bidding war over Nortel Networks patents, Google Inc. (NASDAQ: GOOG) has purchased more than 1,000 technology patents from International Business Machines Corp. (NYSE: IBM).
Google Inc. (NASDAQ: GOOG) has acquired more than 1,000 technology patents from International Business Machines Corp. (NYSE: IBM), after it lost the bidding war over more than 6,000 patent filings from Nortel Networks.
AT&T Inc. (NYSE: T) said it will reduce the data browsing speeds for the top five percent of its heaviest users on unlimited wireless data plans from October 1, in response to the explosive data usage growth and network congestion.
The top after-market NYSE Losers on Friday are: Kindred Healthcare, Skilled Healthcare Group, Five Star Quality Care, Brookdale Senior Living, TAL Education, Standard Motor Products, Omnicare, Sunrise Senior Living, Molina Healthcare and Titanium Metals.
The top after-market NYSE gainers on Friday are: Dynegy, Unifi, iSoftStone Holdings, Orbitz Worldwide, Terex, Crexus Investment, Miller Petroleum, Gildan Activewear, HSBC Holdings and MEMC Electronic Materials.
Some major bond fund managers are asking their institutional clients to consider waiving strict requirements that might force mass selling of Treasury bonds if the United States loses its AAA rating.
The top pre-market NASDAQ Stock Market gainers are: Allied Healthcare International, Sify Technologies, EV Energy Partners, Silicon Motion Technology, Gulfport Energy, and Yahoo!. The top pre-market NASDAQ Stock Market losers are: Vistaprint, STEC, Constant Contact, Oclaro, and DepoMed.
The companies whose shares are moving in pre-market trade on Friday are: Expedia, Newell Rubbermaid, Cerner, Noble Energy, Chesapeake Energy, Macy's, Motorola Mobility Holdings, Newmont Mining, TJX Companies and Emerson Electric Co.
Lufthansa and Airbus has launched the world's first ever daily commercial passenger flights using bio-fuel.
The top after-market NYSE gainers on Thursday are: Ingram Micro, Commercial Metals, Invacare, KBR and Regal Entertainment Group. The top after-market NYSE losers are: RealD, Miller Petroleum, Motorola Solutions, Equifax and Ameriprise Financial.
South Africa's rand slipped on Thursday after posting strong gains this week, while bond prices fell on concerns over the U.S. debt standoff and stocks fell for the fourth straight day.
Scorpex has entered into a deal with IET to install and operate waste gasification equipment in Mexico.
Fear the United States will lose its AAA credit rating or even default on its debt is driving foreigners away from U.S. assets, and the dollar is taking the biggest hit.
Gold firmed a touch on Thursday, lifted by concerns over a potential U.S. debt default as lawmakers in Washington argued over deficit-cutting measures, and lingering fears that the euro zone debt crisis could spread.
Visa Inc. (NYSE: V) will implement a new fixed acquirer fee called the "Network Participation Fee" that will apply to both credit and debit cards, in order to help the company win routing business and maintain debit volumes.
Toronto's main stock index plunged more than 2 percent on Wednesday to its lowest point this month as weak U.S. data and a looming deadline for raising the U.S. debt ceiling sent investors searching for safety.
The companies whose shares are actively traded in the aftermarket trading session on Wednesday are: LSI Corp, Franklin Resources, Whole Foods Market, PulteGroup, Mylan, Lam Research, Cliffs Natural Resources, Teradyne, Murphy Oil and Varian Medical Systems Inc.
Asian stocks fell ahead of a long list of corporate results on Thursday that may shed light on the year's earnings outlook, though the region continued to outperform Wall Street in July.
South Africa's resource-heavy bourse tumbled on Wednesday with gold miners helping to drag the index down as strikes over wages loomed in the sector.
The Kenyan shilling reversed earlier gains and fell for a third straight day against the dollar on Wednesday after the central bank said it had kept its key lending rate at 6.25 percent.
Japanese authorities know there is not much they can do to turn a broad weak-dollar tide so will judge any intervention a success if it keeps speculative action from driving up the yen too far and too fast.
Some of the largest pension funds and investment firms have urged President Barack Obama and Congress to resolve the deficit impasse and avoid inflicting "pain and hardship" on the nation.
Fading hopes the Congress will strike a deal in debt talks any time soon have left investors scrambling to position themselves for what many now view as an inevitable downgrade of the U.S
The top pre-market NASDAQ Stock Market gainers are: Questcor Pharmaceuticals, CalAmp, Trius Therapeutics, RF Micro Devices, Amazon.com, and Affymax. The top pre-market NASDAQ Stock Market losers are: Illumina, P.F. Chang's China Bistro, CIENA, JDS Uniphase, Level 3 Communications, and Virgin Media.
The companies whose shares are moving in pre-market trade on Wednesday are: Edwards Lifescience, Moodys, Electronic Arts, International Game Technology, Aetna, Wyndham Worldwide, Dow Chemical, Boeing, Corning, Quest Diagnostics, Wellpoint and Hess Corp.
The companies which are expected to see active trade on Wednesday are: Boeing, Dow Chemical, Visa, Aflac, Akamai Technologies, General Dynamics, Hess Corp, Ameriprise Financial, Bemis Co, Symantec Corp, CB Richard Ellis, Moodys, Murphy Oil, Southern Co and Owens-Illinois Inc.
