Rand firms after trade data, stocks rise
Business
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World Bank to lower global growth forecast over virus outbreak
The World Bank last month forecast a rebound in global growth this year after the easing of trade tensions between the US and China that had contributed to a decline in 2019.
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ANALYSIS: New China virus is bigger threat to world economy than SARS
The world’s second-largest economy, already weak, now accounts for a much larger share of global growth. No wonder investors are jittery.
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Equities and oil tank as deadly coronavirus triggers panic
Chinese President Xi Jinping warned over the weekend that China was facing a 'grave situation' given the 'accelerating spread' of the new SARS-like virus that has infected nearly 1,300 people across the country.
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The big shortcoming: A grumpy 2020 for global growth
The OECD expects global growth to dip in the coming year to 2.9%, its lowest level since the world recession of 2009.
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Rand steadies, stocks close higher
Despite the opening of an impeachment inquiry into US President Donald Trump this week and mixed signals on a trade deal, the dollar has remained resilient.
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Trump moving ahead with new tariffs on Chinese products
President Donald Trump on Friday ruled out any further postponement. 'They're on,' he told reporters.
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China state media blasts US after Trump threats
The world’s two largest economies have been locked in an increasingly bitter trade war which has seen them level tariffs on each other’s exports.
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Rand falls as investors weigh local, global risks
At 1555 GMT the rand was 0.82% weaker at 15.4150 per dollar, tracking weakness in most emerging markets currencies as trade worries linger.
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Why society is paying the price of inequality
Mike Brewer says it’s increasingly clear that high levels of inequality damage our health and well-being, harm social cohesion and levels of trust, and act as a brake on economic performance.
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China's industrial output hits 17-year low
The figures are the latest to highlight how the world's second-largest economy is being battered by an escalating trade war with the United States and slowing global demand.
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Asia markets rally as Trump tariff delay boost trade war hopes
High-yielding, riskier currencies also enjoyed some gains with the Mexican peso and South African rand more than one percent higher, South Korea's won gaining 0.8% and the Indonesian rupiah 0.6% up.
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China and the US need to embrace the idea of benign competition. Here’s why
Views differ on the essence of China-US competition. Most watchers see it as a classic power competition caused by a shrinking gap in strength between the two countries.
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New Zealand's central bank stuns markets with 50-basis points rate cut
The Reserve Bank of New Zealand’s forecasts released with the statement show another cut is possible by the end of the year which would take the OCR below 1%.
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Oil prices steady, US-China trade dispute remains in focus
US President Donald Trump on Tuesday dismissed fears the trade row with China could be drawn out.
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SA needs to position itself as global competitive player, says Ramaphosa
Ramaphosa was speaking at the 4th Industrial Revolution Summit in Midrand.
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Opec set for oil cut extension if Iran endorses pact
Iran is the only major Opec nation yet to have spoken publicly about a need to extend production cuts.
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Ramaphosa concludes working visit to Japan
The Presidency said the South African delegation held several bilateral meetings to strengthen relations with Russia, China, Japan, and Saudi Arabia, including the president of the World Bank.
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G20 summit: World leaders vow to address trade and geopolitical tensions
As more countries get drawn into trade wars that threaten the global economy, the 'Sunday Times' reported President Cyril Ramaphosa has thrown Pretoria’s support behind China as it faces off with the United States.
