NEWS24  |   OLX  |   PROPERTY24  |   CAREERS24  |   SPREE  |   AUTOTRADER  |  
 
Loading...

Rand under 'massive pressure' as Trump drops next tariff bomb on China

The rand lost 2% in early trade following news that US President Donald Trump is threatening new tariffs on Chinese imports.

Related Articles

ICT

Five massive data breaches affecting South Africans

Jun 19 2018 07:37

The Information Regulator is clearly concerned about the increasing number of cyber attacks affecting personal data in South Africa. Fin24 looks at some of the biggest data breaches in recent years.

Economy

Trump threatens new tariffs on Chinese imports

Jun 19 2018 08:10

President Donald Trump is directing the US Trade Representative to prepare new tariffs on $200bn in Chinese imports as the nations move closer to a potential trade war.

Industrial

Grounded SA Express scrambling to pay June salaries

Jun 19 2018 06:13

SA Express might not be able to pay its staff on June 25, the Federation of Unions of South Africa said.

Economy

Little room for SA’s mortgage market to grow – Moody’s

Jun 19 2018 08:20

Emerging markets are expected to capitalise on their growing mortgage markets, but according to research by Moody’s, this is not necessarily true for South Africa.

ICT

Musk says Tesla hit with 'extensive sabotage' by employee

Jun 19 2018 06:57

A disgruntled Tesla employee broke into the company’s manufacturing operating system and sent highly sensitive data to unknown third parties, Bloomberg reports.

 

Analysis & Opinion

Inside Labour

INSIDE LABOUR: The need for a national conversation about youth

There is little for today's youth to celebrate as they contemplate the...
Opinion

SA's social entrepreneurs - going from surviving to thriving

Hopefully, social enterprises will soon receive official recognition....
Opinion

BOOK REVIEW: Why getting enough sleep can save your life

"Pulling an all-nighter" is not a badge of honour. Sleep influences every...
Opinion

We must rein in our increasingly violent kids

Children kicking teachers, beating parents, insulting preachers. What’s...
Opinion

Carbon tax - the latest tax on the poor

Many objections and reservations have been raised regarding the tax -...

In other news

European stock markets slump at open

24 minutes ago

Europe's main stock markets have slumped at the start of trading, mirroring heavy losses across Asia on global trade war fears.

Tokyo's Nikkei index down more than 1.7% over trade row

48 minutes ago

Tokyo's benchmark Nikkei index has dropped more than 1.7%, with investors jittery over US-China trade tensions and a strong yen.

Hong Kong, Shanghai stocks tumble by break

Jun 19 2018 07:49

Shares dived in Hong Kong and Shanghai as investors fret over a possible trade war between the US and China after Donald Trump threatened fresh sanctions, sparking warnings of retaliatory measures by Beijing.

Asian markets plunge on fresh China-US trade war fears

Jun 19 2018 07:41

Hong Kong and Shanghai stocks led a sell-off across most Asian markets on rising trade war fears after Donald Trump threatened fresh tariffs on Chinese imports and Beijing warned of countermeasures.

Stocks falter as trade war fears deepen

Jun 18 2018 15:50

World stock markets have faltered as traders eyed looming trade wars and worried about EU rifts over migration.

Sliding emerging markets bear brunt of angst over trade, OPEC

Jun 18 2018 15:46

Emerging markets have been getting little relief as the escalating trade war between the US and China hurt most major currencies and sent stocks to their lowest level since December.

  • Winners
  • Losers
Selected from the top 100 Equities by Market cap.
WinnersPriceChange% Change
SGL Sibanye Gold LimitedR9.21R0.262.91%
IPF Investec Property Fund Li...R16.60R0.452.79%
GFI Gold Fields LimitedR50.01R1.112.27%
CCO Capital & Counties Proper...R53.66R0.861.63%
BTI British American Tobacco ...R666.51R7.511.14%
Selected from the top 100 Equities by Market cap.
LosersPriceChange% Change
DCP Dis-chem Pharmacies Limit...R24.70R-1.02-3.97%
BAW Barloworld LimitedR122.96R-4.75-3.72%
MSM Massmart Holdings LimitedR108.01R-3.46-3.10%
WHL Woolworths Holdings Limit...R53.50R-1.64-2.97%
APN Aspen Pharmacare Holdings...R255.89R-7.83-2.97%
All JSE data is delayed by at least 15 minutes and provided by Morningstar

Inside Fin24.com

Back
Next
 
South Africa

Top 5 on Fin24: SA Uber drivers go on strike, Liberty customers urged to change passwords and Apple partners with Oprah Winfrey

Jun 18 2018 18:33

A roundup of Monday's top economic and finance reads on Fin24.

More in this section
World

Next move is Trump's after China hits back in trade-war opener

Jun 16 2018 19:09

China’s in-kind response to US President Donald Trump’s announcement of tariffs on $50bn of imports from the nation left the global economy on the verge of a trade war.

More in this section
Money Clinic

Wanting information on unit trusts

May 30 2018 19:02

A Fin24 user wants to know about unit trusts and where to find those types of investments.

More in this section
Entrepreneurs

Benefits key to talent management

Jun 15 2018 17:17

Keeping the best staff in place requires more than a great salary - excellent benefits are increasingly key, says Steven Nathan, CEO of 10X Investments.

More in this section
Markets

Asian markets tumble with China, US towards trade war

Jun 19 2018 07:25

Hong Kong and Shanghai stocks led a sell-off across most Asian markets Tuesday on rising trade war fears after Donald Trump threatened fresh tariffs on Chinese imports and Beijing warned of countermeasures.

More in this section
Companies

Damning legal report lays bare Molefe, Singh's roles in Transnet deal

Jun 18 2018 20:03

Transnet's former CFO Anoj Singh and CEO Brian Molefe either didn't apply their minds, or gave the board inadequate information on a controversial locomotive tender, argues a report by MNS Attorneys.

More in this section
Investments

Tips for investing offshore

Jun 15 2018 16:13

Investors who ignore offshore opportunities deny themselves the benefit of exposure to a wider range of stocks, says a portfolio manager at Bellwood Capital.

More in this section
Tech

Regulator seeks finer details of Liberty data breach

Jun 18 2018 17:29

The chairperson of the Information Regulator Advocate Pansy Tlakula has confirmed that no complaint about the hacking of confidential emails between Liberty and clients has been laid.

More in this section
Finweek

De Beers shakes up the synthetic diamond market

Jun 18 2018 13:17

The mining giant has launched its own line of artificial stones, but some fear this move might backfire, and impact the price of real diamonds.

More in this section
Most ReadEditor's Choice
Liberty customers urged to change all banking passwords amid inside-job rumours Eskom warns load shedding to last for next ten days Liberty refuses to pay ransom after hackers hit computer systems Denel's new board places CFO on special leave Rand skids as US, China trade war flares
SA smartphones hammered as sales suffer Christmas hangover Managing foreign exchange volatility EyesOpen campaign aimed at human trafficking in the aviation industry Two reasons why insurers don't pay out claims and how to avoid them Stop putting power banks, spare batteries in checked luggage, warns IATA

Company Snapshot

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

Are you prepared for the latest round of Eskom’s load shedding??

Previous results · Suggest a vote

Services

Money Clinic Get your financial questions answered.

RSS Feeds News delivered really simply.

Newsletters You choose what you want.

Contact us Lost? Confused? Problems? Let us help you.

RSS feeds  |  Terms & Conditions  |  Advertise on Fin24  |  About us  |  Contact us
Loading...