SIGNS OF GROWTH: A home in Miami, Florida. US new single-family home sales for August reached a seasonally adjusted annual rate of 504 000, 18% higher than July. Construction of new houses in South Africa is also showing signs of picking up. (Joe Raedle, AFP)
In other news
A $94 000 bonus for the World Bank's finance chief, disclosed in an internal blog, is drawing criticism from staff who are questioning it, amid budget cuts.
"Things are always unnoticed, until they're noticed," Tesco chairperson says on how the retailer has failed to spot a £250m sized hole in its first-half profits.
MTN has announced that former Microsoft SA executive Mteto Nyati has been appointed as group chief enterprise officer for the mobile operator.
Asian markets have fallen following a heavy sell-off on Wall Street as a mixed bag of data raised concerns about the global economy.
Wall Street stocks have finished sharply lower following mixed US economic data amid worsening anxiety over global growth and the first confirmed US Ebola case.
Oil prices have been mixed in Asia with gains capped by concerns about a global supply glut and a stronger dollar, according to analysts.
South African stocks have fallen for the third straight session, dragged down by mining companies such as Lonmin and AngloGold Ashanti.
Lightly regulated "shadow banking" has grown to huge proportions in the global financial system and increasingly poses a risk to stability, says the IMF.