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Economy

Gulf braces for tough times over oil price plunge

Dec 19 2014 09:14

Gulf countries are bracing for tough times as vital oil revenues fall and after they missed a golden opportunity to diversify their economies in a decade of unprecedented windfalls, analysts say.

Economy

Putin: Russia will overcome 'perfect storm'

Dec 19 2014 07:52

President Vladimir Putin has assured Russians the economy will rebound after the rouble's dramatic slide, but offers no remedy for a deepening financial crisis.

Equities

SA stocks log biggest gain in nearly 6 years

Dec 18 2014 18:09

Sasol has led the charge as stocks on the JSE booked their biggest daily gain in nearly six years, swept along by a wave of positive global equity sentiment.

South Africa

Eskom: All OK, but keep on saving

Dec 18 2014 17:23

Eskom has called on all customers to reduce electricity usage, especially in the early evening, but says it expects power supply to remain stable.

World

Firms scramble to ease rouble pain

Dec 18 2014 16:19

Russian firms are scrambling to restructure the terms of foreign currency loans as the rouble's decline pushes up the cost of debt servicing.

News

As Russia goes down a sinkhole, what’s next?

Dec 18 2014 15:31

Russian banks and corporates will not be able to refinance their $600bn outstanding foreign currency debts anytime soon, says Cees Bruggemans.

South Africa

November PPI remains unchanged

Dec 18 2014 15:26

The producer price index for final manufactured goods from October to November 2014 has remained unchanged, says Statistics SA.

Commodities

Gold rises 2% as Fed takes patient stance

Dec 18 2014 13:55

Gold has climbed more than 2% after the Federal Reserve announced it would take a patient approach towards raising interest rates.

 

In other news

German consumer confidence grows at year-end

3 minutes ago

Consumer confidence in Germany has seen a boost in December as shoppers hit the stores for Christmas and looked ahead to the new year with optimism.

Asian markets extend gains after Fed statement

38 minutes ago

Asian markets have rallied for a second straight session, boosted by another strong performance on Wall Street.

Global stocks in 'Santa rally' on Fed news

Dec 19 2014 07:40

Global stock markets have surged in a "Santa Claus rally" as dealers welcomed the US Federal Reserve's signalling that an interest rate rise was not imminent.

Oil dives in volatile trade

Dec 19 2014 07:33

Oil prices have skidded sharply in volatile trade, pushing the US benchmark futures contract to a new five-year low amid concerns about ample global supplies.

Online privacy to remain thorny issue

Dec 19 2014 07:46

Online privacy will remain a thorny issue over the next decade, without a widely accepted system that balances user rights and personal data collection, a survey of experts has showed.

Dow jumps as US stocks surge

Dec 19 2014 07:43

US stocks have surged for the second day in a row following a Federal Reserve meeting as investors brushed aside concerns about another drop in oil prices.

European stocks close sharply higher

Dec 18 2014 18:59

Europe's main stock markets have closed sharply higher on the back of the US Federal Reserve meeting, with the benchmark FTSE rising more than 2%.

Ethiopia's metro will be completed soon

Dec 18 2014 18:45

A project head says Ethiopia expects to complete the construction of a $475m metro rail system in Addis Ababa within weeks.

Analysis & Opinion

Opinion

Labour Wrap: May majority will prevail

Terry Bell looks back over perhaps the most turbulent and taxing year...

Economy

Simple way to sane prices

Our best economists seem to be lost - why so, asks Edward Ingram....

Economy

Putin and the rouble rout

Russia is not the West and Putin may well survive unscathed, says Leopold...

  • Winners
  • Losers
  • Most Visited NEW
Selected from the top 100 Equities by Market cap.
WinnersPriceChange% Change
ACL Arcelormittal South Afric...R26.22R0.000.00%
ACP Acucap Properties LimitedR50.51R0.000.00%
AFE A E C I LimitedR129.90R0.000.00%
AFH Alexander Forbes Group Ho...R9.48R0.000.00%
AGL Anglo American PlcR214.08R0.000.00%
graph
Selected from the top 100 Equities by Market cap.
LosersPriceChange% Change
ZED Zeder Investments LimitedR7.34R0.000.00%
WHL Woolworths Holdings Limit...R75.50R0.000.00%
VOD Vodacom Group LimitedR129.63R0.000.00%
TSH Tsogo Sun Holdings Limite...R28.51R0.000.00%
TRU Truworths International L...R76.63R0.000.00%
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Most visited Company snap shot pages on Fin24 in the last 24 hrs.
Most Visited EquitiesNumber of views
STX40 58
rmbt40 23
RMBMID 18
STXIND 7
gld 4
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