IOL pic jan26 british pounds

Sterling hits seven-year high against euro

Sterling hit a more than seven-year high against the struggling euro on Friday, as interest rate differentials moved in favour of the British pound.

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IOL pic jan26 britain ftse
AFP

Weir Group supports Britain’s FTSE

Britain’s top share index edged lower on Friday after posting its highest ever close in the previous session.

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IOL pic feb11 man holds iron ore in hand
REUTERS

Iron ore slumps as China cuts target

Iron ore sank below $60 a metric ton after China set the lowest target for economic growth in more than 15 years.

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Sterling hits seven-year high against ...

Sterling hit a more than seven-year high against the struggling euro on Friday, as interest rate differentials moved in favour of the British ...

Browse Markets

Items 41 - 50 of 224

Modi formalises India’s inflation target
March 2 2015 at 10:47

Indian Prime Minister Narendra Modi’s government has formally agreed on an inflation target with the central bank.

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Hedge funds flee coffee at fastest pace in a year
March 2 2015 at 10:28

It’s raining in Brazil - and the coffee bulls are running for cover.

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Gold rises in longest run since October
March 2 2015 at 10:07

Gold has climbed for a fourth day, advancing to the highest level in almost two weeks.

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Metals gain as China’s rate cut boosts demand outlook
March 2 2015 at 10:07

Copper and aluminium rose for a third day after China cut benchmark interest rates for the second time in three months.

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Rand under pressure after wide deficit
March 2 2015 at 09:43

South Africa’s rand opened the new month weaker against the dollar on Monday.

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Asian stocks off to steady start
March 2 2015 at 06:03

Asian stocks looked steady on Monday as soft US data was partially offset by a weekend interest rate cut by China.

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Oil stable in Asian trade
March 2 2015 at 05:58

Oil prices stabilised in Asia on Monday following sharp gains in the previous session.

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Dollar firm after China’s rate cut
March 2 2015 at 05:58

The dollar extended its gains in Asia on Monday.

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India's Jaitley goes for growth
February 28 2015 at 13:20

India's Finance Minister Arun Jaitley announced a budget aimed at high growth.

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Fears over rise in transfer duties
February 28 2015 at 12:11

It was good and bad news for the property sector in Finance Minister Nhlanhla Nene’s Budget speech.

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Items 41 - 50 of 224