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Opec decision weighs on oil prices

Oil prices struggled in Asian trade on Friday after the Opec cartel refused to cut production despite a global glut.

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IOL pic oct21 market arrows
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Asian shares skid, but Nikkei bucks trend

Oil prices, oil-related shares and oil-linked currencies all tumbled in Asia on Friday after Opec's decision to refrain from cutting output despite a huge overs... Read Story

Naira1
Reuters.

Nigeria intervenes to prop up naira

Nigeria's central bank intervened in the market with dollar sales to try to keep the naira within a preferred band since it was devalued two days earlier, deale... Read Story

Nigeria intervenes to prop up naira

Nigeria's central bank intervened in the market with dollar sales to try to keep the naira within a preferred band since it was devalued two d ...

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Items 1 - 10 of 291

Opec decision weighs on oil prices
November 28 2014 at 06:30

Oil prices struggled in Asian trade on Friday after the Opec cartel refused to cut production despite a global glut.

Read Story
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Asian shares skid, but Nikkei bucks trend
November 28 2014 at 06:30

Oil prices, oil-related shares and oil-linked currencies all tumbled in Asia on Friday after Opec's decision to refrain from cutting output despite a huge oversupply.

Read Story
0 comments

Nigeria intervenes to prop up naira
November 27 2014 at 20:28

Nigeria's central bank intervened in the market with dollar sales to try to keep the naira within a preferred band since it was devalued two days earlier, dealers said.

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Rand under pressure
November 27 2014 at 20:20

The rand weakened slightly, tracking a euro pressured by soft German inflation figures.

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JSE snaps 3-day losing streak
November 27 2014 at 20:16

South African stocks ended slightly higher, breaking three straight days of losses as investors chased after bargains but a softer gold price hit mining shares.

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Rand holds onto its gains
November 27 2014 at 11:41

The rand firmed, holding on to gains it made in the previous session.

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Hong Kong shares fall on scepticism
November 27 2014 at 12:12

Hong Kong shares finished down as investors held back from chasing continuous gains on mainland exchanges due to doubts about the state of China's economy.

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European shares inch up
November 27 2014 at 12:28

European shares inched up, adding to their recent sharp rally that has been fuelled by expectations of further stimulus measures from the European Central Bank.

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UK's FTSE ticks lower
November 27 2014 at 12:33

Britain's top equity index edged lower, with energy shares falling the most following a decline in crude oil prices to a four-year low.

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Oil hits fresh four-year low
November 27 2014 at 13:28

Fading hopes of a meaningful cut in production at OPEC meeting sent oil prices tumbling to a four-year low.

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Items 1 - 10 of 291