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Equities

JSE flat as Reserve Bank keeps rates unchanged

16 minutes ago

Shares on the JSE tracked mostly lower on Thursday before closing softer as the Reserve Bank delivered its Monetary Policy Committee statement

Industrial

10-year-old wire cartel case settled, millions in penalties

Sep 19 2019 14:53

After a full decade and several legal challenges – including in the Supreme Court of Appeal – the Competition Tribunal this week approved settlement agreements between the Competition Commission and two wire products manufacturers accused of cartel conduct.

Retail

Footgear gets go-ahead to buy Edgars Active

Sep 19 2019 14:19

The Competition Tribunal has approved a merger which will see Edcon selling the Edgars Active and High Key chain stores to Footgear, in which Old Mutual has a majority stake.

World

Fed makes second straight rate cut, splits on further action

Sep 18 2019 20:36

Federal Reserve policy makers lowered their main interest rate for a second time this year while splitting over the need for further easing

Equities

Stocks softer as investors await Fed decision

Sep 18 2019 20:41

More focus will be on the press conference following the interest rate decision for more clues on how the Fed plans to help spur economic growth given that the ECB has already taken on quantitative easing.

 
International Markets

World markets waver before Fed rate call

Sep 18 2019 14:19

Global equities have wavered on Wednesday as caution set in before a crucial US interest rate decision, while investors remained alert to developments in the Middle East after the weekend attack on Saudi oil facilities.

International Markets

Hong Kong shares fall for third day

Sep 18 2019 10:28

Hong Kong stocks have finished Wednesday with losses, extending a sell-off to a third day as traders fret over the impact of protests on the city, while they are awaiting a key Federal Reserve policy decision later in the day.

International Markets

Tokyo's Nikkei snaps 10-day winning streak

Sep 18 2019 10:20

Tokyo's benchmark Nikkei index has edged down on Wednesday as investors cashed in on recent gains after a 10-day winning streak.

International Markets

European equities dip at open before Fed

Sep 18 2019 10:17

European stock markets slid at the open on Wednesday as investor caution set in before the Federal Reserve's latest interest rate decision.

International Markets

Asian markets mixed ahead of key Fed meeting

Sep 18 2019 10:15

Asian equities have been mixed, with attention turning to the Federal Reserve's key policy decision later in the day, while investors remain on alert for developments in the Middle East after the attack on Saudi oil facilities rocked markets.

Equities

JSE slips as risks remain

Sep 17 2019 20:13

In addition to that, markets were tentative ahead of the US Fed’s interest rate decision which is expected to be announced on Thursday at 20.00 CAT.

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