Old Mutual fires suspended CEO Moyo
Business
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IMF warns storm clouds gathering for global economy
The biggest immediate risk, though, is the current trade war between the United States and China.
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Huawei CFO Meng Wanzhou to appear in Canada court
Meng Wanzhou, 46, who is also the daughter of the company founder, was arrested on 1 December at the request of the United States.
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China to 'immediately' implement US trade truce measures
The commerce ministry's remarks came days after US President Donald Trump and Chinese leader Xi Jinping agreed to give negotiators 90 days to resolve their trade spat.
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Rand weakens on risk aversion
The rand remains under pressure as the market awaits the Federal Reserve’s interest rate decision during its 18-19 December meeting, as the central bank is widely expected to raise interest rates.
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Rand weakens as trade worries sour risk appetite
The waning hopes of a swift resolution to the US-China trade war overshadowed news of the South African economy snapping out of recession in the third quarter and surpassing economists’ expectations.
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Rand gains ahead of GDP data
The rand moved in tandem with other emerging markets which have been buoyed by thaw in tensions between the world’s top two economies as presidents Donald Trump and Xi Jinping struck a deal at the G20 summit over the weekend in Argentina.
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Trump says China to cut car tariffs in trade truce
Us President Donald Trump's surprise announcement late Sunday came a day after he and Chinese President Xi Jinping agreed to suspend any new tariffs and give negotiators 90 days to strike a deal.
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China, US declare 90-day halt to new tariffs - White House
If no deal is reached within 90 days, both parties agreed that the 10% tariffs will be raised to 25%, the White House said.
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Trump-Xi meet, a turning point in global trade war?
The state-run 'China Daily' newspaper said any deal was unlikely to be a comprehensive solution to the impasse due to 'diverging demands and agendas'.
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Pence vows tariffs to remain until 'China changes its ways'
Pence warned Saturday that US sanctions and pressure on China would remain in place until Beijing reforms its trade practices.
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Trump's summit no-show draws Asian nations closer together
One prime minister warned that the trade war between Washington and Beijing could trigger a 'domino effect' of protectionist steps by other countries.
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Xi, Trump G20 meeting will be of great significance – China
Secretary of State Mike Pompeo, Defense Secretary Jim Mattis, Chinese politburo member Yang Jiechi and Defense Minister Wei Fenghe will take part in the talks.
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Global growth outlook for 2019 dims for first time: Reuters polls
At the start of 2018, optimism about a robust global economic outlook was almost unanimous among respondents.
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US Treasury chief warns China against currency devaluations
President Donald Trump has repeatedly accused China of manipulating its currency by allowing it to weaken to gain the upper hand the trade dispute with Washington.
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Trade war would slow but not stop global growth: IMF
The IMF's baseline forecast for the global economy is 3.7% growth in 2018, 2019 and 2020.
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China cancels security talks with United States
The official, who is involved in China policy and spoke on condition of anonymity, said it was not clear if or when the meeting would be rescheduled.
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China says can’t hold US trade talks with 'knife to the throat'
Vice commerce minister Wang Shouwen said China is open to negotiations but that the two sides must treat each other ‘equally and with respect’.
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US and China imposed fresh tariffs on each other’s goods
Soon after the new duties went into effect, China accused the US of engaging in ‘trade bullyism’.
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Don’t understand the US-China trade war? This metaphor could help
The deadlock between the US and China is a hugely complicated issue, with dizzying amounts of money at stake. Can a sporting analogy help break it down?
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US invites China to trade talks as tariffs loom: White House adviser
Larry Kudlow told Fox Business Network that US Treasury Secretary Steven Mnuchin had sent an invitation to senior Chinese officials, but he declined to provide further details.
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Rand weaker as emerging markets knocked by trade war fears
The threat of Washington imposing heavier trade sanctions on Beijing intensified after US President Donald Trump said on Tuesday he would take a tougher stance with China on trade.
