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China targets rural banks boost economy

Apr 22 2014 15:24

China will cut the amount of funds rural banks must keep in reserve by up to two percentage points, easing monetary policy in a bid to boost its slowing economy.


China IPO promised land turns to desert

Apr 22 2014 11:20

Dozens of Chinese companies have abandoned plans to list in the mainland this year, as confusion reigns over an opaque regulatory review


Libya budget cuts to offset oil losses on cards

Apr 22 2014 11:10

Libya must slash its budget by a third and halt infrastructure funding, says the parliament's budget committee.


Europe's M&A markets heat up

Apr 21 2014 12:43

Reports say Europe's mergers and acquisitions markets are rebounding as a result of improved market sentiment after years in the doldrums.


China shoe strike spreads

Apr 21 2014 10:57

A strike in China has spread from a huge shoe production complex to another facility owned by the same company in another province.


US orange production hit by disease

Apr 20 2014 17:21

A citrus disease spread by a tiny insect has devastated Florida's orange crop and sent juice prices soaring on New York markets.


US delays decision on oil pipeline

Apr 20 2014 15:53

The US has indefinitely extended the review process for a controversial Canada-to-US oil pipeline, potentially delaying a final decision.


Obama to boost tax revenues, cut deficits - CBO

Apr 17 2014 17:15

President Barack Obama's budget request would boost tax revenues by $1.4 trillion over 10 years and slash deficits by $1.05 trillion, the Congressional Budget Office says.


Strike at giant shoemaker's China plant

Apr 17 2014 16:30

Tens of thousands of workers have joined an escalating strike at a Chinese plant of Taiwan's Yue Yuen Industrial.


US jobless claims near pre-recession levels

Apr 17 2014 16:00

New applications for unemployment benefits held near their pre-recession levels, offering further evidence of the economy's underlying strength.



Iran oil exports fall to five-month low

Apr 17 2014 15:00

Iran's crude oil exports have dropped for the first time in five months in March and are expected to fall further in April.


Putin: Impossible for EU to stop buying gas

Apr 17 2014 14:08

Russian President Vladimir Putin says it would not be possible for Europe to stop buying Russian gas and he hopes a deal will be made with Ukraine on gas supply.

We're Talking About: Small Business

Standard Bank is looking for 12 entrepreneurs to participate in a 10-part TV series. They could win a R1m investment into their dream.

Zuma: Booers are empty vessels

President Jacob Zuma has labelled people who boo at him "empty vessels who make the most noise".


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