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Feb 13 2012 12:15
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Feb 13 2012 10:43
Although jobs were created, the economy is still 420 000 jobs short of the peak employment level before the 2009 global financial crisis, says Adcorp.
Feb 13 2012 07:58
Greek lawmakers have approved a new round of drastic austerity measures after a long day of street battles between police and protesters left dozens injured.
Johannesburg - Trading on the JSE was delayed at the opening bell on Tuesday due to a technical problem.
The JSE said it is aware of technical problems on the cash equities market which began soon after the market opened. It therefore had to halt the market.
The JSE is currently investigating the nature of the problem and is working to restore the market as soon as possible. It will issue updates in due course, it said.
This is the second time in three weeks that the local bourse has been hit by a technical glitch, delaying trade in the morning session.
On July 12, JSE experienced technical issues which affected the exchange's international connectivity.
The rand was bid at R7.33 to the dollar from R7.35 at the JSE's close on Monday. Gold was quoted at $1 185.59 a troy ounce from $1 181.43/oz at the JSE's previous close, while platinum was at $1 558.00/oz from $1 546.50/oz before.
Asian stock markets were mixed on Tuesday, amid a spate of deal-making around the region, with Wall Street's rise helping the Australian market tap a fresh four-week high. The Dow Jones industrial average ended up 100.8 points, or almost 1%, on Monday.
On Tuesday Japan's Nikkei Stock Average ended flat, but Hong Kong's Hang Sang Index was last up 130 points. European stock markets opened a little firmer on Tuesday, as market participants cautiously look to key corporate earnings before adding further risk.
- I-Net Bridge