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Feb 10 2012 18:19
The rand tumbled against the dollar in late afternoon trade as the local currency tracked a jittery euro.
Feb 10 2012 17:28
President Jacob Zuma will make an announcement "of national importance" on Saturday, says a central bank statement.
Feb 10 2012 16:39
Stock markets fell after Greece's crucial international bailout was put on hold by its partners in the 17-nation eurozone.
New York - Investors have sent stocks lower, extending a pause in a big four-week rally as the market girds itself for potentially grim earnings reports.
The second straight day of declines Tuesday has touched a swath of sectors from financials to energy. Analysts attribute the pullback to profit-taking after a huge advance in March. Traders are also nervous about a coming flood of corporate results.
The Dow is ending down 186 points, or 2.3%, at 7 789.
The Standard & Poor's 500 index is down 20, or 2.4%, at 816. The Nasdaq composite index is down 45, or 2.8%, at 1 562.
- AP