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Business-Markets-Commodities

Oil drops below $59 – first time in five years

OIL FELL below $59 (R686) a barrel for the first time since May 2009 yesterday, extending a six-month sell-off as slowing Chinese factory activity and weakening... Read Story

Business-Markets-Commodities

Crude oil drops to five-year low

CRUDE oil markets fell 3 percent or more to plumb new five-year lows on Friday after the world’s energy watchdog forecast even lower prices on weaker dema... Read Story

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Global appetite for oil will slow - IEA

The International Energy Agency says further drops in oil prices heighten the risk of social instability.

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Russia selling off foreign currency
December 17 2014 at 12:02

Russia's finance ministry is selling its foreign currency to support the ruble, a spokeswoman says,

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Fitch maintains SA at BBB rating
December 14 2014 at 13:09

Ratings agency Fitch maintained South Africa’s BBB rating, two notches above junk status.

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Ruble falls to record lows
December 12 2014 at 13:18

The ruble fell Friday to record lows as oil prices also sank, despite Russia's central bank hiking its interest rate.

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Dollar rises as confidence grows
December 12 2014 at 06:18

The dollar rose against other currencies in Asia on Friday as a strong US retail sales report reinforced investor confidence in the US economy.

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Dollar mixed in Asian trade
December 11 2014 at 06:23

The dollar was mixed in Asia on Thursday, after taking a hit in New York as dealers shifted to safer investments.

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Items 1 - 5 of 5